170 Main StLewisville, TX 75057

Property Details for 170 Main St

Lot size

4.31 AC

Property type

Industrial properties

APN

R208157

APU

R208157

Description

This exceptional 2,172-square-foot retail or restaurant space is ideally situated at 170 W Main St in the heart of Old Town Lewisville, Texas, within Denton County (zip code 75057). The property is a newly built-out single-tenant space offering immediate occupancy. Its prime Main Street location ensures high visibility and walkability, benefiting from significant foot traffic. The surrounding area boasts a vibrant mix of local and regional businesses, including numerous craft bars and restaurants, creating a thriving commercial environment. Old Town Lewisville itself offers a unique blend of historical charm and modern amenities, including theaters, an attractive urban park with water features and public art, a distillery, winery, coffeehouse, vintage shopping, and diverse dining options. This property presents a rare opportunity to establish a business in a highly desirable and well-established downtown area with a strong sense of community and significant tourist appeal. The building is entirely vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. This location offers unparalleled exposure and access to a diverse customer base in a thriving Texas town.

• CAP approach

  CAP return

  Valuation

  6%

  $77,226,100

  6.5%

  $71,285,600

  7%

  $66,193,800

• Comparable approach

  Method

  Valuation

  Relative Method

  $36,247,700

  Geo Method

  $36,143,000

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $36,451,000

  Mixed-Use / Specialty

  $36,239,300

  Hospitality / Lodging

  $26,481,100

  Office

  $35,938,800

  Institutional / Educational

  $37,645,000

  Residential Income

  $44,044,600

  Multifamily

  $53,278,400

  Automotive / Energy

  $32,267,100

  Parking / Income-Based Land

  $11,215,800

  Restaurant / Food Service

  $18,673,700

  Healthcare / Senior Housing

  $37,246,600

Location Insight

City

Lewisville

County

Denton

State

Texas

Latitude

33.0459

Longitude

-96.9826

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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