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Two-Building Mixed-Use Property
For Sale
Contact for pricing
Pending

1002 E Palestine Ave, Palestine, TX 75801

Two separate buildings combine leased retail, personal-service, fitness, and storage uses.

Property Size16,000 SF
Days on Market148

Property Features for 1002 E Palestine Ave

General Information

Standard status Pending
Size 16,000 SF
Property subtype Retail

Amenities

freight elevator
two bathrooms

Building Details

Buildings 2
Tenancy Multi
Listing Agency: CENTURY 21 Gold Award Realty
Listed By: Janice Burris · License #TX
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Sep 1 at 7:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 Gold Award Realty

Investment Insights

Based on property information with market context.

This mixed-use property includes two separate buildings with established occupants. The front building contains 6,000 square feet, two bathrooms, and space leased to a barber shop and beauty shop. A rear metal building provides 5,000 square feet for a gym, along with approximately 5,000 square feet of upstairs storage and a freight elevator. The rear structure has existing AC ductwork but no exterior unit.

Both buildings are currently rented. The property is located on Highway 79, also known locally as E. Palestine Ave, at 1002 E Palestine Ave in Palestine, Texas. Showings require advance appointment.

Key Highlights

  • Two separate buildings, both currently rented
  • Front building includes 6,000 square feet and two bathrooms
  • Front space is occupied by a barber shop and beauty shop

Property Analytics

Current Use

Hair Works Hair Salon

Suggested Use

Top Pick Building Supply Dental Office Pharmacy Big Box & Wholesale Store HVAC Service Storage Facility

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

354
Businesses Nearby

Demographics for 75801, TX

16,859
Population
7,259
Households
2.3
Avg Household Size
39
Median Age
21%
College-Educated
91%
High-School Grad
188.6 sq mi
ZIP Area
89
Density / Sq Mi
$53,485
Median Household Income
$34,247
Median Earnings
$1,003
Median Rent
$163,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two separate buildings combine leased retail, personal-service, fitness, and storage uses.
Where is this mixed-use property located?
The property is located at 1002 E Palestine Ave Palestine, TX.
What are key features of this property?
This property features: Two separate buildings, both currently rented; Front building includes 6,000 square feet and two bathrooms; Front space is occupied by a barber shop and beauty shop
(903) 391-7434 Call to check price and availability
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