# 1201 Main Street, Allen, TX 75002

> **TL;DR:** commercial, $295,000 ($53/sqft), built 1985, 5,600 sqft. Est. $1,278/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $295,000 |
| Price/sqft | $53 |
| Square Feet | 5,600 |
| Year Built | 1985 |
| Lot Size | 5,602 sqft (0.13 acres) |
| Property Type | Commercial (Business) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,278 |
| **Total** | **$1,278** |

## Property Highlights

- Built in 1985
- 0.13 acre lot

## Description

### Agent 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.

## Location

- **Address:** 1201 Main Street, Allen, TX 75002
- **County:** Collin
- **Neighborhood:** Allen Heights Shopping Center
- **Coordinates:** 33.100845, -96.640756
- **Google Maps:** https://www.google.com/maps?q=33.100845,-96.640756

## Listing Agent

- **Name:** Ramez Morris
- **Brokerage:** United Real Estate
- **Phone:** 9723720590
- **Email:** ramezure@gmail.com

## Primary Photo

![1201 Main Street - Primary Photo](http://lh.rdcpix.com/17ade378dca364436b996ee035756481l-f3235471923r.jpg)

*21 total photos available on [listing page](https://www.propertysimple.com/listing/1201-main-street-allen-tx-75002-21134249)*

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**MLS#:** 21134249 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 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.*

[View on PropertySimple](https://www.propertysimple.com/listing/1201-main-street-allen-tx-75002-21134249)

---

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