Historic Two-Story Weatherford
101 College Avenue Weatherford, TX 76086
101 College Avenue, Weatherford, TX, 76086
$1,450,000
For Sale
$1,450,000
Historic two-story property in a visible downtown location.
Property Size8,802 SF
Price / SF$164.74
Days on Market61
Property Features for 101 College Avenue
General Information
- Standard status
- Active
- Size
- 8,802 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1883
Listing Agency
Edge Real Estate, LLC
(817) 597-9611
Listed by
Keith Davis · License #0838442
(817) 597-9611
Source
Signaturere
Added: May 18 Checked: Jul 17 at 9:49 am
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 Edge Real Estate, LLC
Investment Insights
Based on property information with market context.
This historic two-story property, constructed in 1883, is located at 101 College Street in Weatherford. Situated in a highly visible and strategic location on the Downtown Square, the property benefits from the area's investment and momentum. The second level offers expanded options for retail, office, studio, gallery, or potential mixed-use. The flexible floor plates invite creative reconfiguration or restoration. The property offers visibility, walkability, and proximity to destination dining, boutiques, and community events. With a total property size of 8802 square feet, this property is suitable for owner-users or investors.
Key Highlights
- Prime location on the Downtown Square with high visibility and walkability.
- Rare two‑story building offering flexible floor plans for retail, office, studio, gallery, or mixed‑use.
- Historic property built in 1883, offering a unique legacy.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $211.2k | $24.00 |
| − Vacancy | −$16.9k | −$1.92 |
| EGI | $194.3k | $22.08 |
| − OpEx | −$72.9k | −$8.28 |
| NOI | $121.5k | $13.80 |
8,802 SF · lease $24.00/SF/yr · vacancy 8.00% · expense 37.50%
Alternative Uses
Best Use
Retail
$2.02M
$1.77M – $2.36M
NOI $141,628 @ 7.0% cap · market cap 9.77%
Second Best
Mixed Use
$1.74M
$1.52M – $2.02M
NOI $121,468 @ 7.0% cap · market cap 8.38%
Theoretical Best
Industrial
$8.75M
$7.65M – $10.20M
NOI $612,234 @ 7.0% cap · market cap 42.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quickprint of Weatherford
Marketing & Advertising
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Historic two-story property in a visible downtown location.
Where is this mixed-use property located?
The property is located at 101 College Avenue Weatherford, TX.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Prime location on the Downtown Square with high visibility and walkability.; Rare two‑story building offering flexible floor plans for retail, office, studio, gallery, or mixed‑use.; Historic property built in 1883, offering a unique legacy.
