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Office Building with Detached Conference Space
New
For Sale
$1,395,000

1016 E California Street, Gainesville, TX 76240

Renovated for professional office use, the property has C-2 zoning and a separate meeting facility.

Property Size4,545 SF
Price / SF$306.93
Days on Market7

Property Features for 1016 E California Street

General Information

Standard status Active
Size 4,545 SF
Property subtype Commercial
Zoning C-2

Additional Details

Furnished Yes
Road Access Yes

Amenities

private patios
standby generator
Tesla EV charger
high-speed network
eight-camera security system
remotely managed building features
75-inch presentation screen with soundbar

Building Details

Year Built 1896
Buildings 2
Listing Agency: Perry Legacy Realty
Listed By: Christine Beckendorf
Source: Txluxere
Added: Oct 16 Changed: Oct 21 Last Checked: Oct 20 at 8:54PM

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 Perry Legacy Realty

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Investment Insights

Based on property information with market context.

At 1016 E California Street, this office property totals approximately 4,545 SF across a two-story main building and a detached conference building. The main building offers two open work areas, two private offices, a full kitchen, an upstairs kitchenette, three bathrooms, two stairwells and two server rooms. The conference building has sitting and huddle areas, a beverage center, a 75-inch presentation screen with soundbar and its own HVAC. Furnishings and equipment are included. The building dates to 1896 and has C-2 zoning.

Reported upgrades include electrical wiring, plumbing, roofing, fiber-cement siding, high-efficiency windows, parking lot, landscaping and irrigation. Mechanical and technology features include two 5-ton HVAC units in the main building, two mini-splits in the conference building, a standby generator, Tesla EV charger, high-speed network and eight-camera security system. The property is along a main Gainesville corridor near the historic downtown square.

Key Highlights

  • Approximately 4,545 SF, including a 3,885‑SF main building and separate 660‑SF conference building
  • Main building includes two open workspaces, two private offices, three bathrooms and two server rooms
  • Conference building features sitting and huddle areas, a beverage center and a 75‑inch presentation screen with soundbar

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Big Box & Wholesale Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store 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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

911
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

Frequently Asked Questions

What type of property is this?
Office building - Renovated for professional office use, the property has C-2 zoning and a separate meeting facility.
Where is this office building located?
The property is located at 1016 E California Street Gainesville, TX.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Approximately 4,545 SF, including a 3,885‑SF main building and separate 660‑SF conference building; Main building includes two open workspaces, two private offices, three bathrooms and two server rooms; Conference building features sitting and huddle areas, a beverage center and a 75‑inch presentation screen with soundbar
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