207 E Main ST , Sealy, TX 77474(Austin County)

50% OF ONE MONTH RENTAL TENANT REP COMMISSION. Tenant Rep does NOT have to accompany their buyer to ANY showings to receive full commissions. Property visits must be accompanied by a listing broker authorized representative.

PROPERTY

(1) Address: 207 E Main ST, Sealy, Austin County, TX 77474

(2) Google Map*:

(3) Coordinates*: 29.781278, -96.156537

* NOTE: Google and many GPS tools map the correct address as 225 E Main ST and/or 225 Fowlkes ST, Sealy, TX 77474

(4) Description

Known as My Place for several decades, My Place has been the site of many movies, music videos, commercial ads, true gun fights, and many historic events. My Place is located in the Preibisch Building, a Texas Historical Landmark. Lots of history in Austin County and Houston is directly linked to My Place. For over 100 years, My Place has been the hot spot in Austin County. Many locals still tell very interesting stores of their personal experiences within the walls of My Place. Routinely the stories include discussions spilling onto the porticos, courtyard, the alley, Fowlkes ST and Main ST!

The 3,000 SF courtyard has ample room for a dance area, dining tables, bar, stage and restrooms making it a great event venue. Extra space for bistro tables on covered city sidewalk under the porticos significantly expands the number of patrons who can be simultaneously served. The footprint provides flexibility regarding kitchen and bar area locations.

My Place has had systems updating including recent HVAC, skylight and window bridge, but retains almost all architectural features from the original design! It has the original wood floors structurally appearing sound but providing a story board of its diverse history. You can still see the marks from the 2,000 pound pool tables that once provided the baseline for many intriguing discussions! My Place has its original exterior doors and several walls retain a 100+ year patina.

Based on a 100 year history of success and documented unmet local (5 minute drive-time) retail demand exceeding $950,000 per year in potential revenues, My Place is the perfect location for your restaurant featuring live entertainment.

(5) Recorded Texas Historic Landmark

1886-1887 year built

Received historic marker in 2001

(6) 165 FT EST Frontage

115 FT EST on Main ST

50 FT EST on Alley

(7) Architectural Features

Original wood floors

Original exterior doors

Some original or historic finishes, walls, accents

Sky light

Window bridge

Covered porticos

Interior divider walls can be easily removed

Multiple locations for kitchen and bar areas

(8) 5,951 SF EST Total Usable Area

(9) 2,222 SF EST HVAC Area

1,610 SF EST 1st Floor

612 SF EST 2nd Floor

(10) 729 SF EST Covered Outdoor Living Area

414 SF EST Front Portico

315 SF EST Back Portico

(11) 3,000 SF EST Courtyard Area

(12) 5,339 SE EST Land Area

1,610 SF EST Enclosed

729 SF EST Outdoor Covered

3,000 SF EST Outdoor Uncovered

(13) Landlord Provided Tenant Improvements

Possible tenant improvements by Landlord depending on terms, creditworthiness, personal guarantees, design, business plan and other considerations.

(14) Parking

9 diagonal in front of building on Main ST

9 diagonal in Middle of Main ST

9 diagonal on south side of Main ST

Several hundred on street and off street parking slots available within 1 block

(15) All City Utilities in Place

(16) Permitted Retail Sales & Service Uses

This information is provided from Sealy Downtown Preservation District Code Chapter 29-3 Permitted Uses. Any Business Licenses is subject to City of Sealy approval.

Retail Sales & Service

Retail food establishments: Bakery, specialized food goods, restaurants, cafes, private clubs, including establishments that serve alcohol

Specialty stores: jewelry, stationary, antiques, crafts, art

General merchandise: furniture, pharmacy, department store

Retail service: banks, real estate, finance, legal, medical, other professionals, barber shops, beauty parlors, locksmiths, photography studios, tailor shops, and watch repair

Auditoriums, theaters, museums, and galleries

Bed and Breakfasts, hotels and motels

Wineries and breweries

Link to Chapter 29 Downtown Preservation District:

Link to Sealy Municipal Code:

(17) Local Incentives Available

Business Improvement Grant Program

Economic Development Incentive

Tax Abatement

(18) State Incentives Available

(19) Legal:

Part of PIDN R000018431: Sealy Townsite, Block 32 Lot 9 & 10 (All of Lot 9 and part of Lot 10)

NOTE: All measurements and data are from Austin County Appraisal District unless EST. EST is our estimate.

FULL SERVICE RESTAURANT RETAIL GAP

(20) Summary: Tremendous opportunity to operate a full-service restaurant at My Place

(21) Retail Gap Defined: Retail gap identifies dollars spent by local residents outside of their residential area. Commercial Investment Member (CCIM) standards normally use a 5 MIN drive-time in metropolitan areas. In non-urban and tertiary markets, driving 15 minutes or more is not uncommon for dining, shopping, services and entertainment.

(22) Retail Gap Formula

Retail Demand ($ Spent) Retail Supply ($ Spent Locally) = Retail Gap/Surplus.

A positive number is Retail Gap. Negative number is Retail Surplus.

Full Service Restaurant Retail Gap

$950,242 at 5 MIN drive time

$1,615,956 at 10 MIN drive time

$3,021,320 at 15 MIN drive time

Note: Retail gap was performed for all retail services. Other services retail gap and/or surplus will be provided on request.

SUGGESTED RESTAURANT THEMES AND MENUS

(23) Suggested Restaurant Themes and Menus: Based on CCIM data, a restaurant featuring a menu offerings spanning traditional American selections similar to Applebees, Outback, Chilis, Ruby Tuesday and TGI Fridays would meet local tastes. Further expansion of a menu could include Cracker Barrel and IHOP themes (breakfast) and potentially offer a limited Italian offering (Olive Garden) and some fresh fish (Red Lobster).

(24) Visits Defined: Visits are based on actual documented visits by adults in a particular geographic area (for example, residents living within a 15 MIN drive time) to specific restaurants within the past 6 months.

(25) Suggested Restaurant Themes and Menus: Based on CCIM data, a restaurant featuring a menu offerings spanning traditional American selections similar to Applebees, Outback, Chilis, Ruby Tuesday and TGI Fridays would meet local tastes. Further expansion of a menu could include Cracker Barrel and IHOP themes (breakfast) and potentially offer a limited Italian offering (Olive Garden) and some fresh fish (Red Lobster).

(26) Visits Are Influenced by Availability

Actual visits are impacted by availability.

For example, Bennigans was the lowest rating with only 1.2% of adults living in a 15 MIN drive time from Downtown Sealy eating there in past 6 months. The closest Bennigans was at 8401 Westheimer in Houston. But it has closed.

On the other hand, Applebees has the highest rating with 23.2% of adults eating there in the past 6 months. There are 6 Applebees within a 90 minute drive to Sealy with the closest in Brenham.

(27) Top 10 Full Service Restaurant Visits by Adults Past 6 Months in 15 MIN Drive Time

#1 Applebees 23.2%

#2 Cracker Barrel 15.1%

#3 Olive Garden 14.8%

#4 Red Lobster 13.1%

#5 Outback 11.3%

#6 Chilis 10.9%

#7 Golden Corral 10.1%

#8 Intl. House of Pancakes 10.1%

#9 Ruby Tuesday 8.8%

#10 TGI Fridays 7.4%

LOCATION

(28) Historic Downtown Sealy

(29) Easy I10 Access

1.7 MI from exit #721 westbound from Houston to My Place

1.4 MI from exit #720 eastbound from San Antonio to My Place

(30) Easy Houston Access

21 MI to Katy

23 MI to Grand Parkway

36 MI to Sam Houston Tollway

45 MI to I610

53 MI to Downtown Houston

2013 DEMOGRAPHICS & ECONOMETRICS

(31) 5 MIN Drive Time

5,686 Population

2,081 Households

$45,262 Median Disposable Income

(32) 10 MIN Drive Time

7,820 Population

2,820 Households

$46,048 Median Disposable Income

(33) 15 MIN Drive Time

12,377 Population

4,424 Households

$45,300 Median Disposable Income

(34) Sealy

13,571 Population

5,111 Households

$55,718 Median Disposable Income

(35) Austin County

29,320 Population

11,155 Households

$52,037 Median Disposable Income

CCIM REPORTS AND LISTING ANALYSIS

All demographic and econometric data from Certified Commercial Investment Member (CCIM) Institute. 1,184 underlying CCIM reports are available on request. For your convenience, we now provide many reports in Excel.

DISCLOSURES & COPYRIGHTS

Southwest Partners & Global Partners International Realty are registered trademarks and DBAs of Alexander Tiffany Southwest, LLC. We support the Fair Housing Act and Equal Opportunity Act. Information is from third parties we consider reliable, but we cannot represent it is accurate or complete, and it should not be relied upon as such. Offerings are subject to errors, omissions, changes, including price, or withdrawal without notice. All dimensions are from sources noted and have not been verified by the seller or us. We recommend hiring a professional such as an appraiser, architect or civil engineer, to determine such information.

Sealy Restaurant for Lease,For Lease Sealy Restaurant,My Place Restaurant & Bar,Austin County Real Estate,Sealy Real Estate,Houston Commercial Broker,Diane Alexander MBA,George Alexander Broker,swpre

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