106 W Main St - Storefront FOR SALE


Pilot Point, TX 76258
$849,000 USD
409-370-7910
106 W Main St, Pilot Point, TX for Sale
$849,000 USD
Storefront - FOR SALE
1/94
null | Request Cap Rate

106 W Main St
Pilot Point, TX 76258


HIGHLIGHTS

  • Close proximity to Lake Ray Roberts and area shopping
  • Historic an unique one-of-a-kind property with elevated design features, and the ability to run a business our of the downstairs
  • Private and peaceful
  • Lake views from roof top

OVERVIEW

Historic Mixed-Use Investment Opportunity | Downtown Pilot Point Square | STR + Retail Income | $849,000 106 W Main St, Pilot Point, TX 76258 Price: $849,000 | $197.44/SF | 4,300 SF Investment Overview Rare opportunity to acquire a fully restored 1892 historic mixed-use commercial building located directly on the downtown square in Pilot Point, just minutes from Lake Ray Roberts. This ~4,300 SF asset combines stable in-place commercial income + short-term rental residential income potential, offering immediate cash flow with long-term appreciation upside in a rapidly growing North Texas corridor. Property Highlights Zoning: Mixed-use (retail / office / live-work / STR permitted use) Building Size: ~4,300 SF Ground Floor: ~2,000 SF - Fantastic tenant with thriving business and 3yr lease retail/commercial space (income-producing tenant in place) Second Floor: ~2,300 SF residential loft / STR / Airbnb-ready unit Roof Deck: Elevated outdoor space with lake views Historic Construction: Original 1892 structure with preserved architectural detail Income Summary (Pro Forma) Commercial Lease Income: $20,000 – $25,000 annually Short-Term Rental / Residential Loft: $30,000 – $40,000 annually Total Potential NOI: $50,000 – $65,000 annually Asset Features Turnkey furnished STR loft (furniture + antiques included) Exposed original brick, wood beams, tin ceilings Updated infrastructure including HVAC and electrical improvements Rooftop deck with panoramic views of Lake Ray Roberts High visibility frontage on the primary downtown square retail corridor Walkable to restaurants, retail, and community events Location & Market Fundamentals Prime position on historic downtown square in Pilot Point Strong regional draw from North DFW growth corridor Minutes to recreational destination Lake Ray Roberts Surrounded by expanding residential development and master-planned communities Lower cost basis compared to nearby high-growth submarkets (Frisco / Prosper corridor) Investment Positioning This asset is well-suited for: Private investors seeking cash-flowing mixed-use property 1031 exchange buyers Owner-operators / live-work users STR operators seeking downtown boutique rental asset Value-add investors targeting historic repositioning upside Additional Notes Historic landmark building with prior commercial uses (retail + service-based tenants) Located in designated downtown district with continued revitalization momentum Potential eligibility for local historic preservation incentives (buyer to verify) Conclusion 106 W Main St represents a rare opportunity to acquire a cash-flowing historic mixed-use asset on the downtown square in Pilot Point, combining stabilized retail income with STR upside in a supply-constrained historic core.

FOR SALE DETAILS

PRICE

$849,000 USD

PRICE/SF

$197 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Greenberg Pearlman

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1892

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

mixed use

APN/PARCEL ID

R39402

ASK ABOUT THIS PROPERTY

Winston FosterStanfield PropertiesMore Info
409-370-7910

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Winston FosterStanfield PropertiesMore Info
409-370-7910

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.