TX
Collin
Allen
75002
1201 Main Street 230
1201 Main Street 230, Allen, TX 75002
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Listing Type
Commercial/Industrial
Listing Status
Active
21
$400,000

Home Details for 1201 Main Street 230

Price
$400,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
5600
Year built
1985
Lot size acres
0.1286
County
Collin
Garage
Days on site
0
MLS Listing#
21134249
Property 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.

Property Features
  • Utilities
    • Electricity Available
    • Electricity Connected
  • Cooling Information
    • Central Air
  • Heating Information
    • Central
  • Parking
    • Common
Listing Courtesy: United Real Estate - 972-372-0590
Presented by: Ramez Morris
Dallas MLS - N.T.R.E.I.S. logoThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Last Updated: 2025-12-23 03:53:10
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EXIT REALTY ELITE
129 S. Main St, Ste 260, Grapevine, TX 76051
Jerry Hawn
License #: 0706288
Sales Representative
Office
817 925 5503
Agent
817 905 9019
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