Multi-Unit Retail Shopping
For Sale
$1,650,000
400 W PARK AVENUE, Iowa Park, TX 76367
COMMERCIAL - Iowa Park, TX
Property Size24,120 SF
Price / SF$68.41
Days on Market24
Property Features for 400 W PARK AVENUE
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Subdivision
35 Iowa Park
Standard status
Active
Size
24,120 SF
Listing Agency:
PARAMOUNT REAL ESTATE SERVICES
(940) 264-2622
Listed By:
CHRISTINE TURMEL · License #0758512
(940) 337-0617
Added: Jul 10
Changed: Jul 23
Last Checked: Aug 2 at 1:06AM
MLS# 184137
Copyright © 2026 Wichita Falls 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.
Investment Insights
Based on property information with market context.
This for-sale shopping center was built in 1964 and is configured with eight individual units under current occupancy. The property totals 24,120 square feet and includes a mix of established tenants, including Tatters & Ravelings, Louis Jewelry, Elite Nail & Spa, H & R Block, M & M Training & Nutrition, Dooley's Family Fitness Center, a Vape Shop, and Lifetime Climate Controlled Storage. A survey is available.
The center is located at 400 W Park Avenue in Iowa Park, TX and sits next to Pizza Hut, Lowes Grocery Store, S 5 Manufacturing, and First Bank, supporting convenient retail and service access for nearby customers.
For buyers and brokers evaluating multi-tenant retail income, the key current snapshot is full occupancy across all eight units, providing a diversified set of operating businesses within the shopping center configuration.
The center is located at 400 W Park Avenue in Iowa Park, TX and sits next to Pizza Hut, Lowes Grocery Store, S 5 Manufacturing, and First Bank, supporting convenient retail and service access for nearby customers.
For buyers and brokers evaluating multi-tenant retail income, the key current snapshot is full occupancy across all eight units, providing a diversified set of operating businesses within the shopping center configuration.
Key Highlights
- 8‑unit commercial shopping center totaling 24,120 SF in Iowa Park
- All units are occupied with tenants including H & R Block, Elite Nail & Spa, and Louis Jewelry
- Includes tenant mix: Tatters & Ravelings, M & M Training & Nutrition, Dooley's Family Fitness Center, Vape Shop, and Lifetime Climate Controlled Storage
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
242
Businesses Nearby
28k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 33%
Dining 33%
Groceries 25%
Home Improvements & Furnishings 8%
Dollar General
Shops & Services
7,544 visits/mo
0.4 miles
SONIC Drive In
Dining
7,461 visits/mo
0.5 miles
Lowe's Market
Groceries
7,122 visits/mo
0.1 miles
Ace Hardware of Iowa Park
Home Improvements & Furnishings
2,388 visits/mo
0.3 miles
Conoco
Shops & Services
1,951 visits/mo
0.1 miles
Demographics for 76367, TX
13,457
Population
4,370
Households
3.1
Avg Household Size
41
Median Age
18%
College-Educated
76%
High-School Grad
185.5 sq mi
ZIP Area
73
Density / Sq Mi
$78,056
Median Household Income
$46,173
Median Earnings
$965
Median Rent
$136,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - A 1964-built shopping center with eight leased units totaling 24,120 square feet in Iowa Park, TX.
Where is this shopping center located?
The property is located at 400 W PARK AVENUE Iowa Park, TX.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 8‑unit commercial shopping center totaling 24,120 SF in Iowa Park; All units are occupied with tenants including H & R Block, Elite Nail & Spa, and Louis Jewelry; Includes tenant mix: Tatters & Ravelings, M & M Training & Nutrition, Dooley's Family Fitness Center, Vape Shop, and Lifetime Climate Controlled Storage
