Property summary
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 profile
VerifiedCap rate & NOI
Current use
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Loan Service
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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