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115 W 2nd St
Taylor, TX 76574
115 W. 2nd Street, Taylor TX · Retail Property For Sale


EXECUTIVE SUMMARY
Located in the Downtown Taylor National Register Historic District, this c. 1900 commercial storefront can be used for a variety of purposes. Previously operated as a bar/restaurant (commercial vent hood and SS sink unit included) with late night operation permit, liquor license and 330 customer capacity. Most recently used for an event space. Nearby businesses include Second Street Station (restaurant), Curbside Coffee Co., Black Sparrow Music Parlor, and Louie Mueller BBQ. There are also loft apartments, galleries, and various retail, office and hospitality spaces nearby. Taylor is a Texas Main Street community and has an active Chamber of Commerce, both of which promote and support downtown businesses. The future Samsung manufacturing facility outside Taylor is bringing many new residents and corresponding development to the area. Don’t miss this opportunity to invest in the future of this community.
Property improvements made in the past 2-3 years include 1) hardwood oak floors refinished, 2) 40’ wood bar refinished, 3) façade and interior painted, 4) kitchen and bathrooms remodeled, 5) 350 sf stage restored and lighting added. Additionally, the metal roof was repaired and recoated (2025) and two new 5 ton air conditioning units installed (2024 & 2025), as well as all new plumbing and electrical installed in 2018.
Also available for lease for $6,800/mo. + NNN.
Property improvements made in the past 2-3 years include 1) hardwood oak floors refinished, 2) 40’ wood bar refinished, 3) façade and interior painted, 4) kitchen and bathrooms remodeled, 5) 350 sf stage restored and lighting added. Additionally, the metal roof was repaired and recoated (2025) and two new 5 ton air conditioning units installed (2024 & 2025), as well as all new plumbing and electrical installed in 2018.
Also available for lease for $6,800/mo. + NNN.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,714 SF
Building Class
C
Year Built
1900
Price
$1,495,000
Price Per SF
$402.53
Cap Rate
5%
NOI
$74,750
Tenancy
Single
Building Height
1 Story
Building FAR
0.95
Lot Size
0.09 AC
Zoning
M-1
PROPERTY TAXES
| Parcel Number | R014928 | Improvements Assessment | $565,262 |
| Land Assessment | $81,680 | Total Assessment | $646,942 |
PROPERTY TAXES
Parcel Number
R014928
Land Assessment
$81,680
Improvements Assessment
$565,262
Total Assessment
$646,942
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