1201 Main Street # 230 Allen, TX $ 400,000
1201 Main Street # 230
$ 400,000
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1201 Main Street # 230

Allen, TX, 75002
$ 400,000
Bedrooms-- Baths-- Sq 5,600

Monthly Estimate*

$ 2,495

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Commercial Property for sale in Allen, TX

for $400,000. This 5,600 square foot building was built in 1985 on a lot size of 0.1286.

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.

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Commercial Active

Price

$ 400,000

Property Type

Commercial

Taxes

$ 0

Style

Business

Lot Size

0.1286

Year Built

1985

Town/City

Allen

County/Region

Collin

MLS | Web ID

21134249

Features
General
Heating Central
Cooling Central Air
Utilities City Sewer Electricity Available Electricity Connected
Ceiling Height Other
Possession Closing/Funding
Roof Other
Year Built 1985
Business Type Restaurant Other
Unit Number 230
Property Subtype Business
Subdivision Name Allen Heights Shopping Center
County Collin
Property Type Commercial Sale
Construction Materials Brick Concrete Frame
Year Built Details Preowned
Status Active
Directions Use GPS
City Allen
Standard Status Active
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Exterior
Waterfront 0
Lot Size Source Owner
Parking Features Common
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Building Area Total 5600.00
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Interior
Flooring Ceramic Tile Concrete
Total Stories 1
Total Units 1
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Internal Only
Street Number 1 1201
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* Excluded Features
List By
Ramez Morris

Listing Agent

United Real Estate

Broker

Affordability Calculator

$2,495
Per Month
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Monthly Principal & Interest
$2,495
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/23/2025$400,000 Listed Price

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1201 Main Street # 230, Allen, TX, 75002 is a Commercial Property for sale at $400,000 with 5,600 sqft and a lot size of 0.1286. 1201 Main Street # 230 was built in 1985. The property's zip code is 75002 which is in Allen, TX