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    Renovated Office Building with Reception Title is generated by Realmo AI

    1501 S Main Street, Lindale, TX 75771

    View on Map
    Claim this Listing
    Pending
    $395,000

    SINGLE_FAMILY - Lindale, TX

    Type:Office
    Property size:
    2,200 SF
    Lot size:
    0.60 Acres
    Added:
    Apr 18, 2026
    Days on Market:
    59
    Last Refresh:
    Jun 15 at 10:06 pm

    Property Features for 1501 S Main Street

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Pending
    APN
    100000094803017000
    Lot size
    0.60 Acres

    Taxes and HOA fees

    Tax Description
    ABST A0948 J SANDERS TRACT 17 S03 & PT LT 18
    Tax Annual Amount
    5652

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1962
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Wood
    Building materials
    Brick
    Roof type
    Composition

    We can help!

    Listing Contact
    Trish Anderson

    Listing agent Trish Anderson License #0446825

    Listing office I-20 Team Real Estate, LLC Lindale, TX

    Listing date Apr 18, 2026

    MLS# 21130000

    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.

    HighLights

    • Over 2,200 SF renovated commercial office space on Main Street in Lindale
    • Built in 1962 with brick construction, wood flooring, and a composition roof
    • Layout includes four offices, three bathrooms, a conference room, and a reception area
    • Multiple access points with road frontage on Main Street and Pearl Street
    • Central heating and central air; public water and public sewer
    • Conveniently located on Hwy 69 with daily traffic exceeding 25,000

    Overview

    Built in 1962 and recently renovated, this versatile office building offers a polished, client-ready layout designed for day-to-day operations. Inside, you’ll find a welcoming reception area, four private offices, a conference room, and three bathrooms, providing flexibility for a range of professional uses. With more than 2,200 square feet of space, it’s well suited for organizations that need dedicated rooms while maintaining a comfortable front-of-house presence.

    The property is positioned in Lindale’s business district with convenient access from Highway 69. Public remarks also note road frontage on Main Street and Pearl Street, supporting easy arrival for clients and visitors. Ample parking is included, helping accommodate day-to-day traffic and improve the overall customer experience. The listing further states daily traffic exceeds 25,000 on Highway 69, contributing to high visibility.

    For buyers or operators seeking an established, renovated office environment in a visible main-street setting, this offering provides an immediately usable configuration with multiple rooms and bathrooms already in place. The combination of reception, private offices, and a conference room supports common professional functions, whether you’re planning a single-tenant operation or evaluating options for a multi-room office setup.

    Local Financial Insights For Office B

    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 $39.6k $18.00
    − Vacancy −$4.8k −$2.16
    EGI $34.8k $15.84
    − OpEx −$8.7k −$3.96
    NOI $26.1k $11.88
    2,200 SF · lease $18.00/SF/yr · vacancy 12.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $373.4K
    $326.7K – $435.6K (±1% cap)
    NOI $26,136 @ 7.0% cap · market cap 6.62%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Hotel Hospitality
    $1.66M
    $1.45M – $1.93M (±1% cap)
    NOI $115,995 @ 7.0% cap · market cap 29.37%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Lindale
    County
    Smith
    State
    Texas
    Longitude
    -95.406073
    Latitude
    32.500053

    FAQs

    What type of property is this?
    Office building - Renovated office layout with reception, four offices, conference room, and parking, positioned for strong visibility.
    Where is this office building located?
    The property is located at 1501 S Main Street Lindale, TX.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: Over 2,200 SF renovated commercial office space on Main Street in Lindale; Built in 1962 with brick construction, wood flooring, and a composition roof; Layout includes four offices, three bathrooms, a conference room, and a reception area
    More about this property
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