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    502 N Perry St Palestine, TX 75801

    For Sale
    $105,000

    Commercial Sale - PALESTINE, TX

    Property size:
    4,160 SF
    Lot size:
    0.17 Acres
    Days on Market:
    42
    Last Refresh:
    Dec 9 at 11:06 pm

    Property Features for 502 N Perry St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    R33885
    Parking features
    Parking Lot
    Exterior features
    Fence
    Fencing
    Fenced
    Size
    4,160 SF
    Lot size
    0.17 Acres

    Utilities

    Heating system
    None (Heating)

    Building Details

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

    Landmark Realty (903) 729-4000 [email protected]

    Listing agent Melinda Chambers (903) 729-4000

    Listing date Oct 29, 2025

    MLS# 101148 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 Commercial Building on Courthouse Square

    This early 1900s commercial building is located on the courthouse square. The property features a classic brick façade, large display windows, and timeless architectural details. The building offers approximately 4160 square feet of space with an open floor plan, high ceilings, and large wood beams. The layout provides flexibility for various business ventures, including retail space, offices, a restaurant, gallery, or mixed-use concept. The lot size is 0.1744 acres.
    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 Gym & Fitness

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

    Similar Places Nearby

    FLOWERS THRIFT STORE 50000341, Flowers By Pat, Kroger Floral, Always in Bloom

    Location Insight

    • Map
    • Local Demand
    City
    Palestine
    County
    Anderson
    State
    Texas
    Longitude
    -95.6252335
    Latitude
    31.7645933

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    FAQs

    What type of property is this?
    Storefront property - Early 1900s commercial building with vintage character and modern opportunity.
    Where is this storefront property located?
    The property is located at 502 N Perry St Palestine, TX.
    What is the asking price?
    The asking price for this property is $105,000.
    What are key features of this property?
    This property features: - Prime location on the courthouse square.; - Spacious interior: Approximately 4160 sq ft.; - Flexible open floor plan suitable for various business ventures.
    (903) 729-4000
    Request Owner's contact information
    502 N Perry St Palestine, TX 75801
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    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
    502 N Perry St Palestine, TX 75801
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