509 Main St

Investment Highlights

Executive Summary

Three Story, 1st Floor 2,550sf Pub/Tavern 14' Ceilings, 350sf Main St Level Patio Overlooking Unique Area of the Light-Rail w/Green Space, 2nd 2,550sf Private Party Room w/350sf Balcony Overlooking Main St & Rice Hotel, 3rd 1,550sf w/2 Walki-in Coolers & Kitchen Space & 700sf Balcony. Occupancy is 282 Total Floors 1&2 have 141 Each. Elevator Served along with Grand Staircase & Enclosed Stairwell. Walkable to all Downtown Events & Multible Hotels. Easy Assess via Lightrail to/from Minute Maid Park, Toyota Center & PNC Stadium.

• Sale Type    Investment or Owner User
• Sale Condition    1031 Exchange
• Property Type    Retail
• Property Subtype    Bar
• Building Size    6,650
• Building Class    C
• Year Built    1920
• Price    1,895,000
• Price Per SF    285
• Tenancy    Single
• Building Height    3 Stories
• Slab To Slab    12?
• Building FAR    2.54
• Land Acres    0.06 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

• Commuter Rail