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221 W Lancaster Ave
Fort Worth, TX 76102
Texas & Pacific Lofts · Multifamily Property For Sale · 135 Units

INVESTMENT HIGHLIGHTS

  • Historic Landmark.
  • Located within the T & P Train Station.
  • 25' ceilings, original art-deco features from 1931.
  • 227 Condos with over 350 residents.
  • 4,300 square foot, covered patio.
  • Located across from Omni & Sheraton Hotels, FW Convention Center and FW Water Gardens.

EXECUTIVE SUMMARY

We are seeking a buyer who shares our passion for preserving the historical essence of this “Historic Train Station Restaurant & Bar” while taking it to new heights. Our venue has been an integral part of the community, and we are committed to finding the right successor who can carry on this tradition. We are located within the T & P Building, formally, the Passenger Depot for the Texas & Pacific Railroad. This exceptional building was designed by Wyatt C. Hedrick (The Baker Hotel in Mineral Wells, Fort Worth City Hall, etc.). It is Fort Worth’s largest and most extravagant example of 1920's Zigzag Moderne architecture. Her location is perfectly nestled equidistant between Near Southside and Downtown Fort Worth, directly across from the Fort Worth Water Gardens, the FW Convention Center and numerous hotels including Omni & Sheraton. The space is located on the ground floor of a 12-story condominium community which houses over 350 residents. The business has a stellar reputation for an excellent dining and full bar-service experience while captivating patrons with its art-deco, vintage vibe. The T & P Building remains an active train station today, operating both the TRE/TEXRail commuter trains. The potential far exceeds anything else of its kind for there is no other train station pub in Texas. This listing is for the restaurant/bar space only within the T & P Building which includes: Historic Interior Outdoor patio & "beer garden" Kitchen Basement storage spaces (2) including original walk-in beer cooler and walk-in food cooler

PROPERTY FACTS

No. Units 135
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 1.90 AC
Building Size 162,561 SF
Average Occupancy 99%
No. Stories 12
Year Built 1931
Parking Ratio 1/1,000 SF
APN / Parcel ID
41168402
  • 41168453
  • 41172299
  • 41172310
  • 41172426
  • 41172590
  • 41182529
Zoning J, Fort Worth

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

SITE AMENITIES

  • Business Center
  • Courtyard
  • Fitness Center
  • Pool
  • Grill
  • Elevator
  • Lounge

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 135 - -
  • Listing ID: 30133466

  • Date on Market: 11/20/2023

  • Last Updated:

  • Address: 221 W Lancaster Ave, Fort Worth, TX 76102

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