1201 Main St 230Allen, TX 75002

Price
$400,000
Listed On
Type
For Sale
Status
Active
1201 Main St 230, Allen, TX 75002
1201 Main St 230, Allen, TX 75002
1201 Main St 230, Allen, TX 75002
1201 Main St 230, Allen, TX 75002
1201 Main St 230, Allen, TX 75002
1201 Main St 230, Allen, TX 75002
1201 Main St 230, Allen, TX 75002
1201 Main St 230, Allen, TX 75002
1201 Main St 230, Allen, TX 75002
1201 Main St 230, Allen, TX 75002
1201 Main St 230, Allen, TX 75002
1201 Main St 230, Allen, TX 75002
1201 Main St 230, Allen, TX 75002
1201 Main St 230, Allen, TX 75002
1201 Main St 230, Allen, TX 75002
1201 Main St 230, Allen, TX 75002
1201 Main St 230, Allen, TX 75002
1201 Main St 230, Allen, TX 75002
1201 Main St 230, Allen, TX 75002
1201 Main St 230, Allen, TX 75002
1201 Main St 230, Allen, TX 75002
5600 sqft
Asking  $400,000

Snapshot

Type
For Sale
Category
Purchase
Property Type
Commercial Sale
Property Subtype
Business
MLS Number
21134249
Parcel Number
0000
Property Sqft
5,600 sqft
Lot Size
0.13 acres
Year Built
1985
Year Updated
Bedrooms
0
Bathrooms
0
Full Bathrooms
0
3/4 Bathrooms
0
Half Bathrooms
0
Quarter Bathrooms
0
Lot Size (in sqft)
5,601.82
Price Low
-
Room Count
-
Building Unit Count
-
Condo Floor Number
-
Number of Buildings
-
Number of Floors
0
Parking Spaces
0
Location Directions
Use GPS
Subdivision Name
Allen Heights Shopping Center
Special Listing Conditions
Auction
Auction
Bankruptcy Property
Bankruptcy Property
HUD Owned
HUD Owned
In Foreclosure
In Foreclosure
Notice Of Default
Notice Of Default
Probate Listing
Probate Listing
Real Estate Owned
Real Estate Owned
Short Sale
Short Sale
Third Party Approval
Third Party Approval

Description

Excellent opportunity to acquire a fully operational and well-established hookah lounge business operating since February 2022. The business is located in a 5,600 SF building (built in 2002) with open parking and strong local presence.

The business operates under an NNN lease with monthly rent of $5,000, in place through February 2027, with options to renew. No rent escalations. All lease documents are available.

Monthly operating expenses include approximately $1,500 for hookah tobacco, $3,000 for food, and $300 for insurance. Tenant pays utilities including water, electricity, and internet. Staffed with 4 employees. No deferred maintenance.

The sale includes inventory and equipment valued at approximately $200,000. Business is owned by an LLC and has no HOA, no liens, and no legal issues.

Seller is offering the business for sale to focus on other professional ventures. Trailing 1-4 weeks. P&L, tax bills, and lease documentation available upon request.

Confidential sale. Serious inquiries only.

More Details

MLS Name
North Texas Real Estate Information Systems, Inc.
Source
ListHub
MLS Number
21134249
MLS ID
NTREIS
Virtual Tour
PARTICIPANT
Name
Ramez Morris
Primary Phone
(972) 372-0590
Key
3YD-NTREIS-0641722
Email
ramezure@gmail.com
BROKER
Name
United Real Estate - Dallas
Phone
(972) 372-0590
OFFICE
Name
United Real Estate
Phone
(972) 372-0590
Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Features

Basement
Basement
Dock
Dock
Elevator
Elevator
Fireplace
Fireplace
Greenhouse
Greenhouse
Hot Tub Spa
Hot Tub Spa
New Construction
New Construction
Pool
Pool
Sauna
Sauna
Sports Court
Sports Court
Waterfront
Waterfront
Architectural Style
Other
Other
Construction Materials
Brick
Brick
Concrete
Concrete
Frame
Frame
Cooling
Central Air
Central Air
Flooring
Concrete
Concrete
Tile
Tile
Tile - Ceramic
Tile - Ceramic
Heating
Central
Central

History

DateEventPrice$/SqftSource
Listed For Sale$400,000 $71United Real Estate
Report issue with price history

Nearby Schools

Elementary School

George J Anderson Elementary

0.4 miles awayPK - 06

Elementary School

Gene M Reed Elementary

0.5 miles awayPK - 06

Elementary School

D L Rountree Elementary

0.7 miles awayPK - 06
Show more
Get more info on 1201 Main St 230, Allen, TX 75002
Profile
Ramez Morris
Listing Agent
(972) 372-0590
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.
Profile
Ramez Morris
Listing Agent
(972) 372-0590
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.