Two-Story Brick Restaurant
107 S Beaton Street Corsicana, TX 75110
107 S Beaton Street, Corsicana, TX, 75110
$730,000
For Sale
$730,000
COMMERCIAL - Corsicana, TX
Property Size9,600 SF
Lot Size0.06 Acres
Price / SF$76.04
Days on Market87
Property Features for 107 S Beaton Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- APN
- 40148
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Description
- C0000 CORSICANA BLK 241 LOT 14 .055 ACRES (25
- Tax Annual Amount
- 3006
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Wood, Tile
- Building materials
- Brick
Listing Agency
Premier Realty
(903) 205-1717
Corsicana, TX
Listed by
Courtney Nelson · License #0641859
(903) 467-9654
Added: Apr 22 Checked: Jul 17 at 12:06 am
MLS# 21104918
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in the early 1900s, this two-story brick restaurant building offers a main level designed for hospitality and food service. The layout includes a full bar, a fully equipped commercial kitchen, a dedicated stage area, multiple restrooms, two dining areas, and a private office. A small patio extends the dining experience for outdoor seating. Architectural details such as exposed brick and tall ceilings support the building’s historic character while maintaining functional commercial space.
The property is positioned in downtown Corsicana on historic Beaton Street, surrounded by local retail and dining options and entertainment venues that draw both residents and visitors.
An additional upstairs level provides approximately 2,400 square feet of flexible space that can support private events, banquets, tastings, meetings, storage, or office use in support of restaurant operations. The configuration is designed to accommodate continued use and adaptation as needs change.
The property is positioned in downtown Corsicana on historic Beaton Street, surrounded by local retail and dining options and entertainment venues that draw both residents and visitors.
An additional upstairs level provides approximately 2,400 square feet of flexible space that can support private events, banquets, tastings, meetings, storage, or office use in support of restaurant operations. The configuration is designed to accommodate continued use and adaptation as needs change.
Key Highlights
- Two‑story brick building with 7,200 SF main level plus an additional 2,400 SF upstairs
- Built in 1900 with wood and tile flooring
- Downtown layout with a full bar and a fully equipped commercial kitchen
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $96.8k | $10.08 |
| − Vacancy | −$8.8k | −$0.92 |
| EGI | $88.0k | $9.16 |
| − OpEx | −$26.4k | −$2.75 |
| NOI | $61.6k | $6.41 |
9,600 SF · lease $10.08/SF/yr · vacancy 9.10% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$2.44M
$2.13M – $2.85M
NOI $170,726 @ 7.0% cap · market cap 23.39%
Second Best
Industrial
$879.6K
$769.7K – $1.03M
NOI $61,573 @ 7.0% cap · market cap 8.43%
Theoretical Best
Multifamily LT 5
$105.47M
$92.28M – $123.04M
NOI $7,382,623 @ 7.0% cap · market cap 1,011.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Two-story brick building with full bar, commercial kitchen, patio dining, and flexible upstairs space.
Where is this conventional restaurant located?
The property is located at 107 S Beaton Street Corsicana, TX.
What is the asking price?
The asking price for this property is $730,000.
What are key features of this property?
This property features: Two‑story brick building with 7,200 SF main level plus an additional 2,400 SF upstairs; Built in 1900 with wood and tile flooring; Downtown layout with a full bar and a fully equipped commercial kitchen
