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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.

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
$7,865,080 CAD
Price Per SF
$331.96 CAD
Cap Rate
7.96%
NOI
$625,826 CAD
Percent Leased
100%
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
  • -
  • -
  • -

Pete’s Dueling Piano Bar started in Austin, Texas in 1992 and has since expanded to six U.S. cities, including Fort Worth, Frisco, Houston, Chicago (Rosemont), and Nashville. The venue offers interactive dueling piano performances featuring skilled pianists who engage guests with song requests, sing-alongs, and crowd participation. It serves as both a nightly entertainment destination and an event space for birthdays, corporate gatherings, bachelorette parties, and team-building events. Known as the “Texas Original House of Song,” Pete’s delivers a high-energy atmosphere that combines live music, comedy, and audience interaction.

  • 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 - - -
Very walkable
80/100
Very drivable
80/100
Exceptional public transit
90/100
Moderately bikeable
70/100

Nearby Major Retailers

Starbucks
UMB Bank
Bank of Texas
Truist
The Northern Trust Company
Bank of America
Corner Bakery
Mi Cocina
Salata
Del Frisco's Grille

Property Taxes

Property Taxes

Parcel Number
00005169
Land Assessment
$934,868 CAD
Improvements Assessment
$2,572,609 CAD
Total Assessment
$3,507,477 CAD
  • Listing ID: 37598547

  • Date on Market: 2025-09-09

  • Last Updated:

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

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