Thriving lakefront bar. This is a rare opportunity to own Mikes Bar, which offers an excellent opportunity for an investor or entrepreneur to invest in a successful and established business, grow, and expand. It has a loyal customer base, a fun atmosphere, ample parking, and seating. The boathouse is a bonus, allowing customers to come in directly off the lake and selling AS-IS.
761 S Gun Barrel Lane.
Some pool tables and gaming machines are under a lease agreement that splits profits and can stay under a separate agreement.
| Listing Id: | 21349392 |
|---|---|
| List Price: | $700,000 |
| Property Type: | Commercial Sale |
| Property Sub Type: | Retail |
| Status: | Active |
| Unexempt Taxes: | $2,133 |
| Lot Size Square Feet: | 17,358.6600 |
| Lot Size Acres: | 0.3985 |
| Waterfront?: | Yes |
| City: | Gun Barrel City |
| County Or Parish: | Henderson |
| Subdivision Name: | Lakeview Acres Sub |
| Postal Code: | 75156 |
| Year Built: | 1995 |
| Accessibility Features Yn: | No |
| Basement Yn: | No |
| Building Area Source: | Owner |
| Building Area Total: | 4,000.00 |
| Building Use: | Bar/Taverns |
| Business Name: | Mike's 1st and Last |
| Business Type: | Bar/Tavern/Lounge |
| Ceiling Height: | 15 to 20 Feet |
| Consent for Visitors to Record: | None |
| Construction Materials: | Cedar, Metal Siding, Steel Siding |
| Construction Materials Walls: | Metal, Other |
| Cooling: | Central Air, Electric |
| Directions: | From US-175 travel south on SH-198 to the property on right. Next door to the Hoot and Hollar liquor store. |
| Dock Permitted?: | Yes |
| Exclusions: | Pool tables and gaming machines |
| Flooring: | Ceramic Tile, Concrete |
| Foundation Details: | Slab |
| Heating: | Central, Electric |
| Listing Terms: | 1031 Exchange, Cash, Conventional |
| Lot Features: | Waterfront |
| Lot Size: | Less Than .5 Acre (not Zero) |
| Lot Size Area: | 0.3985 |
| Lot Size Dimensions: | 62X270X59X270 |
| Lot Size Source: | Public Records |
| Lot Size Units: | Acres |
| Multi Parcel ID: | No |
| Multi Zoning?: | No |
| Municipal Utility District?: | Yes |
| Notice Surveillance Devices Pres: | Audio, Video |
| Owner Pays: | All Utilities, Cable TV, Electricity, Sewer, Taxes, Trash Collection, Water |
| Parking Features: | Asphalt, Lighted, On Site, Open, Parking Lot |
| Platted Waterfront Boundary: | 59 |
| Possession: | Closing/Funding |
| Road Frontage Type: | State Road |
| Roof: | Metal |
| Security Features: | Security System |
| Sqft Gross: | 4,000 |
| Stories Total: | 2 |
| Tenant Pays: | None |
| Utilities: | Cable Available, Concrete, Electricity Connected, Individual Water Meter, MUD Sewer, MUD Water, Phone Available |
| Waterbody Name: | Cedar Creek |
| Waterfront Features: | Dock Covered, Lake Front |
| Will Subdivide: | No |
| Year Built Details: | Preowned |
| Zoning Description: | Commercial |
Listing Courtesy of: KW-Cedar Creek Lake Properties
Listing Agent: Jill Sparling
903-910-3400
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North Texas Real Estate Information Systems, Inc. data last updated on October 08, 2026 05:55 PM - CT
Property Last Updated: October 08, 2026 05:55 PM - CT
