Freestanding Multi-Tenant Retail
For Sale
$240,000
102 N Ellis, Groesbeck, TX 76642
Freestanding downtown building with two active tenants and a third space available for lease.
Property Size3,962 SF
Price / SF$60.58
Days on Market65
Property Features for 102 N Ellis
General Information
Standard status
Active
Size
3,962 SF
Property subtype
Office
Building Details
Year Built
1986
Listing Agency:
Coldwell Banker Apex, REALTORS
(254) 776-0000
Listed By:
Lori Stephenson · License #0459334
Source:
Xome
Added: Jun 2
Changed: Jul 10
Last Checked: Aug 5 at 2:27PM
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 Coldwell Banker Apex, REALTORS
Investment Insights
Based on property information with market context.
This freestanding commercial building offers multiple storefront spaces with two tenants currently in place, including Subway and a dog groomer. A third space remains available within the building, providing flexibility for an incoming tenant or operator. Tenant-controlled occupancy includes the responsibility for paying all utilities.
The property is positioned near the Groesbeck courthouse and is described as being within walking distance to additional downtown retail and restaurant options. That proximity can support day-to-day foot traffic from courthouse-area activity.
For buyers seeking a small commercial asset with existing income and space to reposition, the current tenant setup and available third unit create an actionable path forward. Prospective tenants can also evaluate the building as a local storefront option with nearby commercial activity and an established mix of services already operating on-site.
The property is positioned near the Groesbeck courthouse and is described as being within walking distance to additional downtown retail and restaurant options. That proximity can support day-to-day foot traffic from courthouse-area activity.
For buyers seeking a small commercial asset with existing income and space to reposition, the current tenant setup and available third unit create an actionable path forward. Prospective tenants can also evaluate the building as a local storefront option with nearby commercial activity and an established mix of services already operating on-site.
Key Highlights
- Freestanding commercial building for sale in downtown Groesbeck
- Year built 1986
- Currently has 2 tenants in place: Subway and a dog groomer; a 3rd space is available for lease
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
344
Businesses Nearby
66k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 44%
Shops & Services 35%
Groceries 20%
Brookshire's
Groceries
13,430 visits/mo
0.5 miles
McDonald's
Dining
12,469 visits/mo
0.4 miles
Texaco
Shops & Services
12,097 visits/mo
0.2 miles
SONIC Drive In
Dining
5,994 visits/mo
0.2 miles
Bush's Chicken
Dining
5,632 visits/mo
0.2 miles
Demographics for 76642, TX
6,641
Population
2,824
Households
2.4
Avg Household Size
42
Median Age
20%
College-Educated
86%
High-School Grad
248.1 sq mi
ZIP Area
27
Density / Sq Mi
$60,186
Median Household Income
$38,043
Median Earnings
$828
Median Rent
$188,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Freestanding downtown building with two active tenants and a third space available for lease.
Where is this storefront property located?
The property is located at 102 N Ellis Groesbeck, TX.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Freestanding commercial building for sale in downtown Groesbeck; Year built 1986; Currently has 2 tenants in place: Subway and a dog groomer; a 3rd space is available for lease
