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Brick Storefront Retail Space
For Lease
$3,500/Mo

137 Historic Town Square, Lancaster, TX 75146

COMMERCIAL - Lancaster, TX

Space SizeContact for details
Lot Size0.05 Acres
Days on Market150

Property Features for 137 Historic Town Square

General Information

Property type Commercial Lease
Property subtype Retail
Zoning description Retail
Parking features Parking Lot, Oversize, Open
Subdivision Orig town Lancaster
Lot features Historic District
Directions I20 W to Lancaster Rd turn left to historic downtown Lancaster square
Standard status Active
APN 36000500040010100
Lot size 0.05 Acres

Taxes and HOA fees

Tax Description ORIG TOWN LANCASTER BLK 4 PTS LOTS 1 & 6
Legal Description ORIG TOWN LANCASTER BLK 4 PTS LOTS 1 & 6

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Electric, Central Air, Ceiling Fan(s)
Water source Public

Building Details

Year built 1945
Floors in Building 1
Number of units 1
Flooring type Vinyl
Building materials Brick
Roof type Composition, Flat
Listing Agency: Homes To Go Realty Services
Listed By: Kim Walker · License #0426463
Added: Apr 4 Changed: Aug 4 Last Checked: Aug 31 at 4:06AM
MLS# 21213573

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.

This downtown Lancaster square storefront retail space is positioned for strong visibility on Dallas Ave, generating 27,986 vehicles per day with easy I-35E and I-20 access. The center is within a larger building and offers one space for a tenant.

The property features a brick construction with vinyl flooring. Heating is central with electric heat, and cooling includes central air with electric systems and ceiling fans. Parking is provided via a parking lot with open oversize parking.

The building was totally upgraded in 2019, including plumbing, electrical, and HVAC improvements. Year built is 1945, with a flat composition roof. The center sits among established national tenants including LaCalle Doce, Lovin Oven, and Hugg BBQ, supporting a tenant mix suited to retail, restaurant, bar, medical, or professional office uses. Public water and public sewer are available.

Key Highlights

  • Dallas Ave visibility with 27,986 vehicles per day
  • Totally upgraded in 2019 including plumbing, electrical, and HVAC
  • One space within a larger building at the Lancaster square

Property Analytics

Current Use

Ella's Event Center Hotel & Motel

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy (Bike/Boat/Book/etc) Store Furniture & Home Goods Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

27,986 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

315
Businesses Nearby
Under-served
Demand for This Use

Demographics for 75146, TX

23,837
Population
9,575
Households
2.5
Avg Household Size
35
Median Age
27%
College-Educated
87%
High-School Grad
34.7 sq mi
ZIP Area
687
Density / Sq Mi
$70,143
Median Household Income
$42,889
Median Earnings
$1,560
Median Rent
$249,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Downtown storefront retail with strong visibility on Dallas Ave and easy I-35E and I-20 access.
Where is this storefront property located?
The property is located at 137 Historic Town Square Lancaster, TX.
What is the lease rate?
The lease rate is $3,500/Mo.
What are key features of this property?
This property features: Dallas Ave visibility with 27,986 vehicles per day; Totally upgraded in 2019 including plumbing, electrical, and HVAC; One space within a larger building at the Lancaster square
More about this property
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