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Mixed-Use Building with Parking
For Sale
$415,000

1423 & 1501 Main Street, Vernon, TX 76384

Commercial Sale, Vernon, TX

Property Size13,797 SF
Lot Size0.25 Acres
Price / SF$30.08
Days on Market379

Property Features for 1423 & 1501 Main Street

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 4, Bathroom 1, Bathroom 3, Bathroom 2, Bathroom 5, Bathroom 6
Standard status Active
Lot size 0.25 Acres

Utilities

Heating system Forced Air

Amenities

new plumbing
multiple mini-split systems
elevator

Building Details

Year built 1926
Floors in Building 3
Building materials Brick
Roof type Flat
Listing Agency: Davis Vernon Real Estate
Listed By: Chris Clerihew · License #0650444
Added: Aug 26, 2025 Changed: Sep 5 Last Checked: Sep 8 at 7:06PM
MLS# 11567588

Copyright © 2026 My State MLS. 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 mixed-use commercial building at 1423 Main Street provides 13,797 square feet across an adaptable layout, plus a 2,400-square-foot basement. Constructed in 1926 with brick exterior walls and a flat roof, the property has received substantial infrastructure and systems updates, including new plumbing and multiple mini-split units for heating and cooling. An elevator connects the first and second floors, while the open interior can accommodate retail, office, professional-service, or mixed-use operations. The configuration may support either a single occupant or multiple tenants.

The sale also includes 1501 Main Street, a 0.1010-acre parking lot directly across from the building. Both properties are positioned within Vernon’s Main Street business district and downtown corridor, where the separate parking area provides off-street parking for building users and visitors.

Key Highlights

  • 13,797‑square‑foot commercial building with a 2,400‑square‑foot basement
  • 0.1010‑acre parking lot at 1501 Main Street included across from the building
  • New plumbing and multiple mini‑split heating and cooling systems

Property Analytics

Current Use

The Loft at 1423 Hotel & Motel

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply HVAC Service Skin Care Clinic Pharmacy

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

Location Intelligence

Trade Area within ½ mile

368
Businesses Nearby

Demographics for 76384, TX

12,374
Population
5,595
Households
2.2
Avg Household Size
39
Median Age
17%
College-Educated
81%
High-School Grad
474.8 sq mi
ZIP Area
26
Density / Sq Mi
$51,582
Median Household Income
$28,364
Median Earnings
$859
Median Rent
$101,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick construction, elevator access, and a separate parking lot support flexible occupancy in a downtown commercial setting.
Where is this mixed-use property located?
The property is located at 1423 & 1501 Main Street Vernon, TX.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: 13,797‑square‑foot commercial building with a 2,400‑square‑foot basement; 0.1010‑acre parking lot at 1501 Main Street included across from the building; New plumbing and multiple mini‑split heating and cooling systems
More about this property
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