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    202 E Main St Henderson, TX 75652

    For Sale
    $250,000

    Business - Henderson, TX

    Type:Business
    Lot size:
    0.28 Acres
    Days on Market:
    135
    Last Refresh:
    Dec 10 at 5:06 pm

    Property Features for 202 E Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    24624
    Lot size
    0.28 Acres

    Utilities

    Heating system
    Other (Heating)

    Building Details

    Year built
    1902
    Flooring type
    Other
    Building materials
    Brick
    Roof type
    Concrete
    Architectural style
    Other

    United Country Lake Palestine (903) 876-1051

    Listing agent Dana Staples (903) 266-2900 License #0546841

    Listing date Jul 29, 2025

    MLS# 20127849 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Building in Downtown Henderson

    This large, historic four-story building, plus penthouse, was built in 1902 and requires full restoration. The building has approximately 18,000 square feet and sits on a 0.279-acre lot. It is suitable for a bank, retail space, restaurant, office suites, or apartments. The building features a brick veneer, concrete slab, and a new roof, with some exterior updates already completed. The interior will need complete renovation. Historically, it was the first building constructed in downtown Henderson, Texas, as the First National Bank, and is currently the tallest building in the area. This property presents a great opportunity for renovation in the historic downtown area. Street parking is available, and the area in the rear of the property can be developed for off-street parking. It is located at the southeast corner of the Downtown Square, offering easy access to the courthouse, Central Business District, East Main Street (Business 79), and South Marshall Street (Highway 64).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rusk County Tax ... Tax Department Linebarger Goggan Blair Bank Rusk County Auto ... Department Of Motor Vehicles

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Henderson
    County
    Rusk
    State
    Texas
    Longitude
    -94.797848
    Latitude
    32.153022

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    FAQs

    What type of property is this?
    Bank - Historic four-story building suitable for bank, retail, office, or apartments.
    Where is this bank located?
    The property is located at 202 E Main St Henderson, TX.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Historic building in downtown Henderson, Texas, offering a unique renovation opportunity.; - Large building (approx. 18,000 sf) suitable for various uses: bank, retail, restaurant, office suites, or apartments.; - **Prime location at the SE corner of the Downtown Square with easy access to key areas.**
    (903) 266-2900
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    202 E Main St Henderson, TX 75652
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    Henderson, TX 75652
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    202 E Main St Henderson, TX 75652
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