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611 Houston St 23,693 SF 63% Leased Retail Building Fort Worth, TX 76102 $5,750,000 ($242.69/SF) 7.96% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Walkable, high-traffic area is ideal for retail, service, or logistics operations in the distinguished Downtown Fort Worth area.
  • Zoned and configured to support a variety of commercial uses such as retail, logistics, inventory management, and service-based businesses.
  • Sought-after presence of an established tenant, The Library Bar, in the retail space provides immediate income potential.
  • Strong market fundamentals, located in a rapidly growing metro area with over 1 million residents within a 10-mile radius.

EXECUTIVE SUMMARY

Located at 611 Houston Street in the heart of Downtown Fort Worth, this commercial property presents a rare opportunity to acquire a 23,693-square-foot retail building in one of the city’s most vibrant and accessible districts. The property includes up to 8,672 square feet of overflow storage space within a newly white boxed interior, making it ideal for a wide range of commercial uses, including retail, logistics, and inventory management. In addition, the building features 14,967 square feet of retail space currently built-out as a bar and occupied by The Library Bar, Fort Worth, Texas, offering immediate income potential for investors or owner/users seeking partial occupancy. Designed to support diverse commercial operations, the property is equipped with a brand-new HVAC system, a recently upgraded roof, and freight elevator access, making it move-in ready and well-positioned for long-term value.

Strategically located just steps from Sundance Square, the building benefits from exceptional proximity to Fort Worth’s cultural and civic landmarks, including Bass Performance Hall and the Tarrant County Courthouse. The site offers seamless transportation access via State Highway Spur 280 and Interstate 25 West (Monarch Highway), while public transit options such as Fort Worth Central Station and the Fort Worth T&P Station of the TexRail are less than a mile away. This connectivity enhances the property’s appeal for businesses that prioritize visibility, accessibility, and convenience in a high-traffic urban setting.

The surrounding area supports a robust labor pool, with over 1,001,889 residents within a 10-mile radius. Fort Worth’s metro is projected to grow by nearly 290,200 people through 2025, contributing to the formation of approximately 118,200 new households. This demographic expansion strengthens the market’s long-term viability and increases the availability of qualified employees for owner-occupants or tenants. With a college graduation rate of 36%, the local workforce aligns with national educational standards, offering a strong talent base for businesses looking to expand or relocate.

This prime Downtown Fort Worth property is ideal for retailers, service providers, logistics companies, or investors seeking a modern, secure, and centrally located commercial asset. With its strategic location, upgraded infrastructure, existing tenancy, and proximity to key amenities, 611 Houston Street represents a compelling opportunity to own a piece of Fort Worth’s thriving urban core.

MATTERPORT 3D TOURS

View The Library Bar Matterport Scan

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SALE FLYER

MORE ATTACHMENTS

611 Houston Sale - OM

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
23,693 SF
Building Class
C
Year Built/Renovated
1939/2001
Price
$5,750,000
Price Per SF
$242.69
Cap Rate
7.96%
NOI
$457,529
Percent Leased
63%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
3.20
Lot Size
0.17 AC
Zoning
H, Fort Worth
Parking
20 Spaces (1.03 Spaces per 1,000 SF Leased)
Frontage
73’ on Houston St

AMENITIES

  • Storage Space
  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Accommodation and Food Services
  • -
  • -
  • -

The party may have started back in 1992, but it has only gotten bigger and better over time. They are not only known for their high-energy piano show, but they are experts at creating memories, with everything from their VIP experiences, to their incredible drinks and just making sure every person that walks in the room has the time of their life. They are especially fantastic at making every birthday, bachelorette, or any special occasion for that matter a step above the rest. Pete’s Dueling Piano Bar® is the only place in town that you can get it all.

  • The Library | Pete's Dueling Piano Bar
  • Accommodation and Food Services
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Accommodation and Food Services - - -
The Library | Pete's Dueling Piano Bar Accommodation and Food Services - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • Basement
  • 4,000-8,697 SF
  • Retail
  • Outparcel
  • Now

Located at 611 Houston Street in the heart of downtown Fort Worth, this retail building presents a rare leasing opportunity for up to 8,672 square feet ideal for a bar, restaurant, entertainment, wine storage, or multiple other concepts. Featuring personnel and freight elevator access, new HVAC system, and a recently upgraded roof.

Space Size Space Use Position Available
Basement 4,000-8,697 SF Retail Outparcel Now

Basement

Size
4,000-8,697 SF
Space Use
Retail
Position
Outparcel
Available
Now

Basement

Size 4,000-8,697 SF
Space Use Retail
Position Outparcel
Available Now

Located at 611 Houston Street in the heart of downtown Fort Worth, this retail building presents a rare leasing opportunity for up to 8,672 square feet ideal for a bar, restaurant, entertainment, wine storage, or multiple other concepts. Featuring personnel and freight elevator access, new HVAC system, and a recently upgraded roof.

Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
15,105
99,621
288,552
580,635
2029 Population
16,467
107,177
307,052
615,191
2024-2029 Projected Population Growth
9.0%
7.6%
6.4%
6.0%
Median Age
36.4
35.4
33.8
34.8
College Degree + Higher
37%
32%
24%
15%
Daytime Employees
46,097
139,428
201,012
322,478
Total Businesses
3,176
14,176
21,446
35,642
Average Household Income
$93,679
$86,154
$77,350
$83,920
Median Household Income
$72,190
$60,153
$54,569
$61,690
Total Consumer Spending
$161.3M
$1.1B
$2.8B
$5.8B
2024 Households
6,252
39,563
101,403
208,619
Average Home Value
$410,067
$357,239
$295,939
$317,470

NEARBY AMENITIES

RESTAURANTS

Mi Cocina - - 3 min walk
Wicked Butcher - - 2 min walk
Starbucks Cafe $ 3 min walk
GRACE American $$$ 3 min walk
Taco Diner - - 3 min walk
Corner Bakery Cafe $ 2 min walk
Tie Thai Restaurant & Bar Thai $$ 3 min walk
Al Dente Italian $$$ 4 min walk
Del Frisco's Double Eagle - - 3 min walk
Bird Cafe Cafe $$ 4 min walk

RETAIL

CVS pharmacy Drug Store 2 min walk
Wells Fargo Bank 3 min walk
Navis Pack & Ship Business/Copy/Postal Services 3 min walk
Texas Capital Bank Bank 3 min walk
UMB Bank Bank 3 min walk
Truist Bank 4 min walk
AMC Cinema 5 min walk
The YMCA Fitness 7 min walk
USPS Business/Copy/Postal Services 12 min walk
Anytime Fitness Fitness 13 min walk

HOTELS

Hampton by Hilton
245 rooms
2 min drive
Fairfield Inn
120 rooms
1 min drive
Sandman Signature
245 rooms
1 min drive
Le Meridien
188 rooms
1 min drive
Omni
618 rooms
2 min drive
Sheraton Hotel
403 rooms
3 min drive
Mint House
24 rooms
4 min drive
Hyatt Place
101 rooms
7 min drive
Courtyard
130 rooms
7 min drive
DoubleTree by Hilton
126 rooms
11 min drive

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00005169
Land Assessment
$675,000
Improvements Assessment
$1,857,493
Total Assessment
$2,532,493

SALE ADVISORS

SALE ADVISORS

Sarah LanCarte, President
As a leader in commercial real estate, Sarah LanCarte founded LanCarte Commercial after being a principal of one of the largest national commercial real estate firms and spearheading the growth of a Texas-based commercial real estate firm. She has been in the industry for over 12 years, closing more than 700 transactions, and totaling more than 13 million square feet. With her knowledge and background, Sarah sought to create a firm with the drive of a global player and the compassion of a local expert, all rooted in integrity, knowledge, and dedication to clients.
Brittany Doyle, Vice President, Brokerage
Brittany Doyle is a commercial real estate broker and Partner at ThomasonScott, LLC. Starting her career in 2010, she gained valuable experience in management and leasing at Transwestern in Austin, TX, where she served as an assistant property manager for a portfolio of over one million square feet of office and industrial projects. Brittany moved to Amarillo, TX in 2013 and worked as a commercial broker for McCartt and Associates. At McCartt, Brittany handled their Amarillo retail and office portfolio as well as high profile centers at 34th and Bell and Martin Rd and Amarillo Blvd. All of which operate at very close to 100% occupancy. Brittany attended Texas State University where she studied Marketing and was a member of the Phi Theta Kappa Honor Society. Brittany is also a licensed Real Estate Salesperson in the State of Texas.
  • Listing ID: 37598547

  • Date on Market: 9/9/2025

  • Last Updated:

  • Address: 611 Houston St, Fort Worth, TX 76102

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