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    309 Tenaha St Waterman, TX 75935

    For Sale
    $110,000

    Commercial Investment - Center, TX

    Property size:
    1,216 SF
    Lot size:
    0.56 Acres
    Days on Market:
    68
    Last Refresh:
    Dec 9 at 6:06 am

    Property Features for 309 Tenaha St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Exterior features
    Brick
    Size
    1,216 SF
    Lot size
    0.56 Acres

    Utilities

    Heating system
    Electric (Heating)

    Building Details

    Year built
    1988
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    Chambliss Real Estate (936) 591-1196

    Listing agent Cynthia Sanchez (936) 591-1196

    Listing date Oct 3, 2025

    MLS# 22500589 Listing URL

    Copyright © 2025 Nacogdoches Board 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

    Tenaha Street Commercial Investment Opportunity

    Located on Tenaha Street, this commercial property offers high visibility and multiple income opportunities. The 1,216 square foot building includes private covered parking and additional land in the back for future parking expansion. The property features road frontage on both Tenaha St. and Payne St. Inside, there are multiple office spaces, including a common kitchen area and waiting room. A private office with a separate entry door is located in the back portion of the building. The property also includes a full bath with a shower space and a tankless hot water heater. A walk-in refrigerator space (no longer working) is currently used for storage. The building has been a successful business location for several years. The lot size is 0.56 acres.
    Location Intelligence

    Current Use by Public Records

    Endless Possibilities Website Designer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterman
    County
    Shelby
    State
    Texas
    Longitude
    -94.18230544
    Latitude
    31.76744734

    Nearby Similar for Sale

    • $1,500,000
      0.49 Acres

      Turn-Key Car Wash Investment

      Operating car wash with self-serve and tunnel options in Center.
      611 Tenaha St, Waterman, TX 75935
      View Details

    FAQs

    What type of property is this?
    Retail space - Commercial building with multiple income opportunities and high visibility.
    Where is this retail space located?
    The property is located at 309 Tenaha St Waterman, TX.
    What is the asking price?
    The asking price for this property is $110,000.
    What are key features of this property?
    This property features: - Prime location on Tenaha Street with high visibility and road frontage on both Tenaha St. and Payne St.; - Multiple income opportunities with private covered parking.; - Land extends to allow for additional parking in the future.
    (936) 591-1196
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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
    309 Tenaha St Waterman, TX 75935
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