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    OFF-MARKET
    Commercial real estate

    103 Pacific Ave, Gladewater, TX 75647-2719

    1,863 SF 0.07 ac lot Built 1955
    Individually Owned Free & Clear
    Property ID
    US82-2377834
    Property summary
    AI-generated overview

    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
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1955
    Total area 1,863 SF
    Lot 0.07 ac (2,936 SF)
    APN 0700000006-002-01-01
    UPID US82-2377834
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Security Finance Loan Service
    • The Clair Cafe & Tea Room Restaurant
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    PATRICIA JOOS
    PATRICIA JOOS
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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