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Medical Office with Reception Area
For Sale
$175,000

107 E Colorado St, Palestine, TX 75801

An efficient interior layout includes four private rooms, a waiting area, kitchen, and two half baths.

Property Size1,290 SF
Price / SF$135.66
Days on Market20

Property Features for 107 E Colorado St

General Information

Standard status Active
Size 1,290 SF

Property Condition

Severity Repairs Needed
Evidence could benefit from some updating & cosmetic improvements

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $3,121
Listing Agency: COMBINED ASSOCIATES
Listed By: Jodi Davis · License #TREC 484985
Source: Exprealty
Added: Sep 15 Changed: Sep 28 Last Checked: Oct 3 at 4:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COMBINED ASSOCIATES

Investment Insights

Based on property information with market context.

This 1,290-square-foot medical office space is arranged with four private rooms or offices, a front reception area, a waiting room, a kitchen, and two half baths. The property could benefit from cosmetic updates, allowing the interior to be adapted to a business’s needs. It was previously occupied by a dental practice and later by a medical supply office.

The building is approximately 1 mile from Downtown and 1 mile from Loop 256, in an established neighborhood with historic homes and the area’s former hospital. Access is available from both Sycamore and Colorado Streets. The Sycamore entrance is overgrown and may offer room for added parking and separate entry and exit points, subject to improvements.

Key Highlights

  • 1,290 square feet with four private rooms or offices
  • Reception area and separate waiting room
  • Kitchen and two half baths

Property Analytics

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Current Use

Kolstad III Chester ... Dental Office MedLink Medical Supply Store

Suggested Use

Top Pick Building Supply HVAC Service Pharmacy Real Estate Agency Skin Care Clinic Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

106
Businesses Nearby
Under-served
Demand for This Use

Demographics for 75801, TX

16,859
Population
7,259
Households
2.3
Avg Household Size
39
Median Age
21%
College-Educated
91%
High-School Grad
188.6 sq mi
ZIP Area
89
Density / Sq Mi
$53,485
Median Household Income
$34,247
Median Earnings
$1,003
Median Rent
$163,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Similar Off Market Nearby

  • Scarborough Don DVM — Elkhart Hwy, Palestine, TX 75801

Frequently Asked Questions

What type of property is this?
Medical Office Space - An efficient interior layout includes four private rooms, a waiting area, kitchen, and two half baths.
Where is this medical office space located?
The property is located at 107 E Colorado St Palestine, TX.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 1,290 square feet with four private rooms or offices; Reception area and separate waiting room; Kitchen and two half baths
More about this property
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