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    413 Broadway St Gainesville, TX 76240

    For Sale
    $350,000

    Downtown Gainesville, Two-Suite Office Building

    Property size:
    3,080 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 3,080 square foot commercial building presents a unique investment opportunity in the heart of Gainesville, Texas. Situated on a desirable 0.37-acre corner lot, this property offers convenient access to downtown amenities. Previously occupied by a dental practice, medical office, and most recently an accounting firm, the building is thoughtfully divided into two distinct suites, each boasting multiple rooms, a reception area, and a private bathroom. The layout is ideal for a variety of uses, allowing for owner-occupancy and simultaneous lease of the second suite, generating immediate rental income. Ample parking is provided by a dedicated parking lot located on the north side of the building, complemented by a convenient carport. An additional vacant lot, also situated to the north of the parking area, offers potential for future expansion or development. The asking price is $350,000. This property is being sold "as is," and potential buyers are responsible for verifying all information provided. This is a rare chance to acquire a well-located, versatile commercial building with significant income potential. Don't miss this opportunity to establish your business in a thriving downtown location.

    Property Features for 413 Broadway St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,080 SF
    Lot Size
    16,117 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Cooke
    State
    Texas
    Longitude
    -97.14206
    Latitude
    33.62594

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    FAQs

    What type of property is this?
    Commercial real estate - Downtown Gainesville, Two-Suite Office Building
    Where is this commercial real estate located?
    The property is located at 413 Broadway St Gainesville, TX.
    What is the asking price?
    The asking price for this property is $350,000.
    Request Owner's contact information
    413 Broadway St Gainesville, TX 76240
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    Gainesville, TX 76240
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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
    413 Broadway St Gainesville, TX 76240
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