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    512 W Main St Palestine, TX 75801

    For Sale
    $180,000

    Commercial Sale - PALESTINE, TX

    Property size:
    13,100 SF
    Lot size:
    0.30 Acres
    Days on Market:
    36
    Last Refresh:
    Dec 10 at 1:06 am

    Property Features for 512 W Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    F-1 Real Commercial
    APN
    R0034660,R0034661
    Parking features
    Parking Lot
    Exterior features
    Fence
    Fencing
    Fenced
    Size
    13,100 SF
    Lot size
    0.30 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air, Multi Units

    Building Details

    Year built
    1905
    Building materials
    Brick, Brick Veneer, Other
    Roof type
    Other
    Architectural style
    Other

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

    Listing agent Melinda Chambers (903) 729-4000

    Listing date Nov 5, 2025

    MLS# 101297 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

    Downtown Palestine Commercial Opportunity

    This is a rare opportunity to own two connected commercial buildings in the heart of Downtown Palestine. Constructed in 1905, the properties offer approximately 13,100 square feet of versatile space. The buildings feature character, modern functionality, and frontage on both W. Main and Spring Street. The property includes four potential storefronts, four roll-up doors, concrete floors, ample shop lighting, and a flexible mix of open showroom/warehouse space and private offices/rooms. The property, zoned F-1 Real Commercial, sits on a lot of 0.3008 acres. This property delivers space, visibility, and character in a central location for retail, warehouse, studio, or investment potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

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

    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
    -95.6362486
    Latitude
    31.7619478

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    FAQs

    What type of property is this?
    Storefront property - Two connected commercial buildings in the heart of Downtown Palestine.
    Where is this storefront property located?
    The property is located at 512 W Main St Palestine, TX.
    What is the asking price?
    The asking price for this property is $180,000.
    What are key features of this property?
    This property features: - Prime downtown location with frontage on W. Main and Spring Street.; - Approximately 13,100 SF of versatile commercial space.; - Four potential storefronts and four roll-up doors.
    (903) 729-4000
    Request Owner's contact information
    512 W Main 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
    512 W Main St Palestine, TX 75801
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