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    103 Pacific Ave Gladewater, TX 75647

    For Sale
    $224,000

    Prime Antique District Office Space

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This charming 0.04-acre office building, located in the heart of Gladewater's antique district at 103 E Pacific, presents a unique investment opportunity. Priced at $224,000, the property offers excellent potential for a variety of uses, including an antique store, professional office space, or even conversion into a residential dwelling. Its central downtown location provides high visibility and easy access to local amenities and businesses. The building features covered parking in the rear, accommodating two vehicles, a significant advantage in this bustling area. While the exact square footage is currently unavailable, the compact size and versatile nature of the property make it an attractive option for entrepreneurs and investors seeking a well-situated commercial space in a thriving Texas town. The property's location within the antique district offers a unique blend of commercial and historical character, providing a distinct advantage for businesses seeking a memorable and easily accessible location. The potential for conversion to residential use adds further flexibility and investment potential. Serious inquiries are encouraged to explore this exciting opportunity.

    Property Features for 103 Pacific Ave

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    1,742 SF

    Building Details

    Year Built
    1955
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Security Finance Loan Agency The Clair Cafe & Tea ... Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Gladewater
    County
    Gregg
    State
    Texas
    Longitude
    -94.94381
    Latitude
    32.53489

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Antique District Office Space
    Where is this office property / space located?
    The property is located at 103 Pacific Ave Gladewater, TX.
    What is the asking price?
    The asking price for this property is $224,000.
    (903) 845-4548
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    103 Pacific Ave Gladewater, TX 75647
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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
    103 Pacific Ave Gladewater, TX 75647
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