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Freestanding Commercial Building in Groesbeck
For Sale
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102 N Ellis St, Groesbeck, TX 76642

Freestanding building suitable for retail, office, or restaurant tenants.

Days on Market859

Property Features for 102 N Ellis St

General Information

Standard status Active
Property subtype Retail, Office

Building Details

Year Built 1986
Listing Agency: heritage real estate
Listed By: Mitzi Eves · License #0485908
Source: Crexi
Added: Mar 27, 2024 Changed: Jul 10 Last Checked: Aug 1 at 9:51AM

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 heritage real estate

Investment Insights

Based on property information with market context.

A freestanding commercial building is available for sale in Groesbeck. The corner building is located on Highway 14, near other commercial establishments and within walking distance of the Limestone County Courthouse. The property is currently occupied by a Subway restaurant. There are also two vacant office spaces, each featuring multiple offices, conference rooms, and bathrooms. The available spaces are suitable for an insurance agency, real estate office, private practice, salon, or retail store. This property presents an opportunity for an investor to accommodate 2-3 tenants.

Key Highlights

  • Freestanding corner building on Hwy 14.
  • Investment opportunity with potential for 2‑3 tenants.
  • Located near other commerce and Limestone County Courthouse.

Property Analytics

Current Use

Subway Take-out & Catering

Suggested Use

Top Pick Building Supply Real Estate Agency HVAC Service Electrical Service Auto Parts Store Dental Office

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

Location Intelligence

Trade Area within ½ mile

344
Businesses Nearby

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 Office in South region

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

What type of property is this?
Retail space - Freestanding building suitable for retail, office, or restaurant tenants.
Where is this retail space located?
The property is located at 102 N Ellis St 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 corner building on Hwy 14.; Investment opportunity with potential for 2‑3 tenants.; Located near other commerce and Limestone County Courthouse.
(214) 453-1850 Call to check price and availability
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