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Office Units Under Renovation
For Lease
$999/Mo

517 E Broadway Street, Gainesville, TX 76240

CommercialLease, Gainesville, TX

Space SizeContact for details
Lot Size1.96 Acres
Days on Market70

Property Features for 517 E Broadway Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning description See City of Gainesville
Parking features Assigned, On Street, Paved or Surfaced, Alley, Parking Lot, Open
Subdivision Putman
Directions From Downtown Gainesville head South on N Grand Ave towards E Broadway St. Turn right at the first cross street onto E Broadway St. The property will be on your right, you will have to drive on Jefferson St.
Standard status Active
APN 7070
Lot size 1.96 Acres

Taxes and HOA fees

Tax Description PUTMAN; BLOCK H PT OF; TR 4
Legal Description PUTMAN; BLOCK H PT OF; TR 4

Utilities

Sewer type Public Sewer
Cooling system Central Air
Water source Public

Building Details

Year built 1985
Floors in Building 1
Number of units 1
Building materials Block
Roof type Composition
Listing Agency: Gregorio Real Estate Company
Listed By: Rafael J Gregorio, Jr · License #TEXASLIC9008750
Added: Jul 11 Changed: Sep 15 Last Checked: Sep 18 at 1:06PM
MLS# 20936865

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Office units are being remodeled within an industrial park setting, with limited retail use also identified for the space. The property was built in 1985 and features block construction, composition roofing, and central air conditioning. Public water and public sewer serve the site.

The property occupies 1.96 acres at 517 E Broadway Street in Gainesville, Texas, near Downtown Gainesville and City Center. Parking options include a paved parking lot, assigned spaces, open parking, on-street parking, and alley access. The available configuration is positioned for office-oriented occupancy while retaining some retail flexibility.

Key Highlights

  • Office space currently undergoing remodeling
  • Limited retail use also identified
  • 1.96‑acre property in an industrial park

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Electrical Service HVAC Service Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,030
Businesses Nearby

Demographics for 76240, TX

28,349
Population
12,412
Households
2.3
Avg Household Size
39
Median Age
24%
College-Educated
87%
High-School Grad
369.4 sq mi
ZIP Area
77
Density / Sq Mi
$67,056
Median Household Income
$40,167
Median Earnings
$1,105
Median Rent
$207,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Office-focused commercial space with limited retail use, central air, and access to multiple on-site and street parking options.
Where is this office units located?
The property is located at 517 E Broadway Street Gainesville, TX.
What is the lease rate?
The lease rate is $999/Mo.
What are key features of this property?
This property features: Office space currently undergoing remodeling; Limited retail use also identified; 1.96‑acre property in an industrial park
More about this property
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