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214-760-6770 - DFW
903-560-4975 - Fannin County

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$400,000
10 Days On Site

1201 Main Street 230
Allen, TX 75002

For Sale|Business|Active
0
Beds
0
Total Baths
5,600
SqFt
$71
/SqFt
1985
Built
Subdivision:
Allen Heights Shopping Center
County:
Collin
Call Now: 214-760-6770
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214-760-6770
1201 Main Street 2301201 Main Street 2301201 Main Street 2301201 Main Street 230
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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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Listing Snapshot
Price 
$400,000
Days On Site 
10 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,600 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1286 Acres
Year Built 
1985
MLS® Number 
21134249
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Owner
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.1286
Foundation 
Slab
Number Of Stories 
1
Parking 
Common
Property Sub Type 
Business
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
5600
Utilities 
Electricity AvailableElectricity Connected
Zoning 
Commercial
Interior Features
Cooling 
Central Air
Flooring 
Ceramic TileConcrete
Heating 
Central
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Exterior Features
Construction Details 
BrickConcreteFrame
Roof 
Other
Listing courtesy of Ramez Morris of United Real Estate ramezure@gmail.com



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-01-01 10:58 PM CST

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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