Office Suite with Subdivision
For Lease
$11 SF/Yr
321 E Spring Street, Palestine, TX 75801
COMMERCIAL - Palestine, TX
Space Size2,450 SF
Lot Size1.28 Acres
Days on Market78
Property Features for 321 E Spring Street
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning description
CBD - Commercial Business District
Parking features
Parking Lot, Off Street
Directions
From the intersection of E Spring St and S Sycamore St., head east on E Spring St. In about 0.2 miles, property will be on the left.
Standard status
Active
APN
64558
Lot size
1.28 Acres
Taxes and HOA fees
Tax Description
PALESTINE TOWN CENTER BLOCK 1 LOT 2
Legal Description
PALESTINE TOWN CENTER BLOCK 1 LOT 2
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Building Details
Year built
1987
Floors in Building
1
Number of units
1
Flooring type
Carpet, Tile
Building materials
Brick
Roof type
Flat
Listing Agency:
Drake Real Estate
(903) 581-3737
Listed By:
Matthew Marshall · License #75703
(903) 581-3737
Added: Jun 9
Changed: Aug 4
Last Checked: Aug 25 at 7:06AM
MLS# 20361162
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Investment Insights
Based on property information with market context.
This brick office suite offers flexible layout options, including the ability to subdivide. The space includes seven offices, a conference room, two restrooms, a break room, a storage room, and dedicated waiting and reception areas. Flooring includes carpet and tile. The suite is served by central electric heating and central air conditioning, with a flat roof. Public sewer is available, and the property was built in 1987.
The property is located at 321 E Spring Street in the Palestine Town Center, next to Kroger, with ample off-street parking. Surrounding businesses include USA Donuts, Palestine Finance, Western Shamrock, Smoke Kulture, Wendy Nails & Spa, and Preferred Choice Income Tax.
With 2,450 SF of office space and a configuration that supports subdivision, the suite is well suited for tenants needing multiple enclosed offices along with shared common areas like reception and waiting.
The property is located at 321 E Spring Street in the Palestine Town Center, next to Kroger, with ample off-street parking. Surrounding businesses include USA Donuts, Palestine Finance, Western Shamrock, Smoke Kulture, Wendy Nails & Spa, and Preferred Choice Income Tax.
With 2,450 SF of office space and a configuration that supports subdivision, the suite is well suited for tenants needing multiple enclosed offices along with shared common areas like reception and waiting.
Key Highlights
- 2,450 SF office space with ability to subdivide
- Seven offices plus conference room
- Two restrooms, break room, storage room, dedicated waiting and reception
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.65 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
761
Businesses Nearby
Explore this area
Business Placement
Demographics for 75801, TX
16,859
Population
7,259
Households
2.3
Avg Household Size
39
Median Age
21%
College-Educated
91%
High-School Grad
188.6 sq mi
ZIP Area
89
Density / Sq Mi
$53,485
Median Household Income
$34,247
Median Earnings
$1,003
Median Rent
$163,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Brick office suite next to Kroger with ability to subdivide and ample off-street parking.
Where is this office units located?
The property is located at 321 E Spring Street Palestine, TX.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: 2,450 SF office space with ability to subdivide; Seven offices plus conference room; Two restrooms, break room, storage room, dedicated waiting and reception
