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    111 E Erwin St Tyler, TX 75702

    Under Contract
    For Sale
    $1,350,000

    Retail - Tyler, TX

    Type:Retail
    Lot size:
    0.06 Acres
    Days on Market:
    51
    Last Refresh:
    Dec 10 at 10:06 pm

    Property Features for 111 E Erwin St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active Under Contract
    APN
    150000000200019000
    Parking features
    On Street
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1932
    Flooring type
    Wood
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    Drake Real Estate & Investment (903) 581-3737

    Listing agent Matthew Marshall (903) 581-3737 License #0544812

    Listing date Oct 21, 2025

    MLS# 21041551 Listing URL

    Copyright © 2025 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.

    Overview

    Downtown Tyler Multi-Level Retail Property

    Located in Downtown Tyler, this multi-level property presents a rare opportunity. The property is situated next to the new $180M County Courthouse development, which includes a 500+ space parking garage and a city park. The property is suitable for restaurant, event, or entertainment use. It features a full commercial kitchen, a rooftop dining area and bar, a private wine cellar in the basement, and a built-in dumbwaiter for service across all levels. The property, currently operating as an event venue and previously a high-end restaurant, offers four levels of seating area. The zoning is DBAC. The lot size is 0.057 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    One Eleven Event Venue

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.300034
    Latitude
    32.350548

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    FAQs

    What type of property is this?
    Restaurant - Versatile multi-level property ideal for restaurant, event, or entertainment use.
    Where is this restaurant located?
    The property is located at 111 E Erwin St Tyler, TX.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: - Prime Downtown Tyler location next to the new $180M County Courthouse development and parking garage.; - Rooftop dining area and full bar.; - Full commercial kitchen.
    (903) 581-3737
    Request Owner's contact information
    111 E Erwin St Tyler, TX 75702
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    Tyler, TX 75702
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    111 E Erwin St Tyler, TX 75702
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