1402 & 1404 Main Street — Sale in Dallas, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Dallas, TX 75202

Photos

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Description

Two remarkable vintage structures in the Main Street District are available for sale, either separately or together. 1402 Main Street offers 4,758 SF of retail space, while 1404 Main Street offers 4,948 SF. Each side-by-side, multi-level retail opportunity boasts a history of successful operation as a downtown bistro for many years. Currently vacant, the code-compliant buildings are located on the same block as the Adolphus Tower and the newly renovated Adolphus Hotel, now a JW Marriott. The buildings are across from the 183-unit Drakestone apartment community along Downtown Dallas Main Street’s 1400 block, presenting a well-occupied and finished urban streetscape. This pedestrian-friendly environment is complemented by high-end establishments like Neiman Marcus, The Joule Hotel, CBD Provisions, Monarch, Lucchese, For Five Ten, and Partenope, as well as high-traffic generators like The Dallas Convention Center Development, Reunion Tower Development, and AT&T Discovery District.

Market Context

This retail in Dallas, TX is listed for sale. Compare it against other retail listings for sale in Dallas, TX — view the full market.

As of Q4 2025, the Dallas / Fort Worth retail market showed a 5.0% vacancy rate, average asking rents near $15.71/SF/yr, rents up 4.9% year over year, and cap rates around 6.8%. Source: multiple brokerage reports, Q4 2025.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

What is the typical cap rate for retail in Dallas / Fort Worth?
About 6.8% as of Q4 2025, per multiple brokerage reports.
Is the Dallas / Fort Worth retail market tightening or softening?
Vacancy is around 5.0%, with asking rents rising year over year (Q4 2025).

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