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    323 N Commerce St Gainesville, TX 76240

    For Sale
    $265,000

    Business - Gainesville, TX

    Type:Business
    Lot size:
    0.08 Acres
    Days on Market:
    42
    Last Refresh:
    Dec 6 at 3:06 am

    Property Features for 323 N Commerce St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    3143
    Parking features
    Assigned, On Street
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1954
    Flooring type
    Concrete, Laminate
    Building materials
    Brick, Concrete, Plaster
    Roof type
    Asphalt
    Architectural style
    Other

    The Real Estate Shoppe (214) 533-9945

    Listing agent Jasmine Jones (940) 336-4663 License #0813020

    Listing date Oct 26, 2025

    MLS# 20774100 Listing URL

    Copyright © 2025 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.

    Overview

    Historic Downtown Gainesville Brick Building

    Located in the Commercial Area District of historic downtown Gainesville, this well-maintained brick building offers a blend of character and modern upgrades. The property features a spacious, updated 1,750 sq ft interior with a vintage tin ceiling and upgraded LED lighting. The flexible layout is customizable for various business visions. Situated on a 0.08-acre lot, the location benefits from steady foot traffic and local events. This property is ideal for attracting customers and clients. It presents rental income potential from tenants seeking a downtown address, with low maintenance costs. The adaptable space makes this property a versatile asset. The building is being sold AS IS.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Cooke
    State
    Texas
    Longitude
    -97.146476
    Latitude
    33.626709

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    FAQs

    What type of property is this?
    Storefront property - 1,750 sq ft brick building in historic downtown Gainesville.
    Where is this storefront property located?
    The property is located at 323 N Commerce St Gainesville, TX.
    What is the asking price?
    The asking price for this property is $265,000.
    What are key features of this property?
    This property features: - Prime location in Historic Downtown Gainesville with steady foot traffic and local events.; - **1,750 sq ft brick building with updated interior and flexible layout for customization.**; - Rental income potential in a coveted downtown address with low maintenance costs.
    (940) 336-4663
    Request Owner's contact information
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    Gainesville, TX 76240
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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
    323 N Commerce St Gainesville, TX 76240
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