Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 0-bedroom, 0-bathroom commercial at 1201 Main Street in Allen, TX is listed for $295,000 ($53 per sqft). Built in 1985, the home offers 5,600 sqft of living space on a 0.13 acres lot.
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.
Key Features
- Built in 1985
- 0.13 acre lot
Property Details
Monthly Cost Estimate
$1,578/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1201 Main Street
Allen, TX 75002
Allen Heights Shopping Center
Property Details
Flooring
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 1201 Main Street is listed at $295,000 ($53/sqft). The estimated monthly payment is $1,278 based on 20% down at 6.5% interest.
Key features include: Built in 1985, 0.13 acre lot.
This property is listed by Ramez Morris and can be reached at 9723720590 or ramezure@gmail.com.