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    206 W Oak St Palestine, TX 75801

    For Sale
    $299,500

    Commercial Sale - PALESTINE, TX

    Property size:
    3,800 SF
    Lot size:
    0.06 Acres
    Days on Market:
    124
    Last Refresh:
    Dec 6 at 1:06 pm

    Property Features for 206 W Oak St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    34469
    Parking features
    Parking Lot
    Exterior features
    Fence
    Fencing
    Fenced
    Size
    3,800 SF
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Central, See Remarks (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1900
    Building materials
    Brick, Brick Veneer
    Roof type
    Other
    Architectural style
    Other

    Picket Fence Realty Inc (903) 948-3343 [email protected]

    Listing agent Lisa Priest (903) 948-3343

    Listing date Aug 5, 2025

    MLS# 101241 Listing URL

    Copyright © 2025 Palestine Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Palestine Mixed-Use Opportunity

    This mixed-use property is located in Historic Downtown Palestine and presents a rare opportunity for investors or a live/work setup. The downstairs area is configured as a commercial retail store, but could be divided into two separate stores with entrances on Main Street and Oak Street. The downstairs space includes two commercial bathrooms, partial hardwood and partial carpet flooring, a tall tin ceiling, a check-out counter, and a work room. Upstairs, accessible via a lockable door and private entrance, is a fully functional 3-bedroom, 2-bath residence. The upstairs apartment features a spacious living room, kitchen, and dining area with built-in features. Most of the furniture will remain with the property. The building offers a total living area of 3800 square feet and is situated on a 0.0551-acre lot. Street parking is plentiful, and the Main Street side is currently undergoing infrastructure and street upgrades.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Crimson Room Hidden ... Boutique

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Palestine
    County
    Anderson
    State
    Texas
    Longitude
    -95.6329299
    Latitude
    31.7625461

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    FAQs

    What type of property is this?
    Mixed-use property - Unique live/work property in historic downtown Palestine.
    Where is this mixed-use property located?
    The property is located at 206 W Oak St Palestine, TX.
    What is the asking price?
    The asking price for this property is $299,500.
    What are key features of this property?
    This property features: - Rare live/work opportunity in Historic Downtown Palestine.; - Downstairs commercial space with potential for two separate stores.; - Upstairs is a fully functional 3 Bed 2 Bath residence with private entrance.
    (903) 948-3343
    Request Owner's contact information
    206 W Oak St Palestine, TX 75801
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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
    206 W Oak St Palestine, TX 75801
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