920 Upshur Ave Gladewater, TX 75647-2025
This exceptional commercial property, located at 920 W Upshur Ave in Gladewater, Texas, presents a unique investment opportunity. Situated on a 0.34-acre lot, the building boasts a spacious 1,500 square feet of versatile space within a 30x50 metal structure. Its adaptable layout makes it ideal for a wide range of commercial uses. Previous uses have included karate and dance classes, as well as a retail gift shop, demonstrating its adaptability to various business models. The building is awash with natural light, creating a bright and inviting atmosphere for both employees and customers. The open floor plan allows for customization to suit specific business needs, offering significant flexibility for entrepreneurs and creative ventures. The property's location in the historic "Antique City" of Gladewater provides excellent visibility and access to a thriving community. This is a rare chance to acquire a well-maintained, adaptable commercial space in a desirable location at an attractive price point of $125,000. Don't miss this opportunity to establish your business in a vibrant and historic Texas town. The property is ready for immediate occupancy and offers significant potential for growth and return on investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.