Mixed-Use Building with Residential
110 N Beaton St, Corsicana, TX 75110
For Sale
$825,000
A street-level salon and spa occupies the commercial portion, with two residences on the upper floor.
Property Size6,800 SF
Price / SF$121.32
Days on Market87
Property Features for 110 N Beaton St
General Information
Standard status
Size
Net Rentable
Property subtype
Site & Location
Road Access
Mixed-Use Components
Units
Unit Mix
Multifamily Units
Building Details
Year Built
Buildings
Stories
Tenancy
Listing Agency:
King Realty Company
Listed By:
Lindsay King · License TX #0523682
(903) 654-0007
Source:
Divinerealtygrp
Added: Aug 15
Changed: Nov 8
Last Checked: Nov 8 at 7:28AM
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 King Realty Company
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Investment Insights
Based on property information with market context.
Built in 1920, this two-story mixed-use property pairs a street-level salon and spa with two residential lofts above. The commercial space has an open layout, multiple service stations, high ceilings, exposed ductwork, sitting areas, private rooms and support areas. The upper-level residences retain historic details alongside updated kitchens and baths, with wood floors, exposed brick and oversized windows. One loft has two bedrooms and two bathrooms; the other contains one bedroom and two bathrooms.
The storefront is on Beaton Street in Downtown Corsicana. The front residence overlooks the street through large historic windows. Together, the commercial and residential components provide a distinct combination of business space and housing within the same building.
The storefront is on Beaton Street in Downtown Corsicana. The front residence overlooks the street through large historic windows. Together, the commercial and residential components provide a distinct combination of business space and housing within the same building.
Key Highlights
- 1920‑built, two‑story mixed‑use property in Downtown Corsicana
- Street‑level salon and spa with multiple stations, private rooms and support areas
- Two upper‑floor lofts: one with 2 bedrooms and 2 baths; one with 1 bedroom and 2 baths
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,850
Cap Rate
8.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,377,000
$1.4M
Cap Rate 7%
$983,571
$983.6K
Cap Rate 9%
$765,000
$765.0K
Market Conditions
NOI Build-Up for 6,800 SF
Gross rent
$122.4K $18.00/SF
− Vacancy
−$12.2K −$1.80/SF
EGI
$110.2K $16.20/SF
− OpEx
−$41.3K −$6.07/SF
NOI
$68.9K $10.13/SF
Area
Navarro County, TX
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,377,000
Cap Rate 7%
$983,571
Cap Rate 9%
$765,000
Alternative Uses
Best Use
Retail
$1.61M
$1.41M – $1.88M
NOI $112,869 @ 7.0% cap · market cap 13.68%
Second Best
Mixed Use
$983.6K
$860.6K – $1.15M
NOI $68,850 @ 7.0% cap · market cap 8.35%
Theoretical Best
Office A
$2.39M
$2.09M – $2.79M
NOI $167,443 @ 7.0% cap · market cap 20.30%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,285
Businesses Nearby
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Business Placement
Demographics for 75110, TX
30,336
Population
11,980
Households
2.5
Avg Household Size
35
Median Age
17%
College-Educated
77%
High-School Grad
137.5 sq mi
ZIP Area
221
Density / Sq Mi
$53,053
Median Household Income
$29,804
Median Earnings
$1,043
Median Rent
$169,200
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A street-level salon and spa occupies the commercial portion, with two residences on the upper floor.
Where is this mixed-use property located?
The property is located at 110 N Beaton St Corsicana, TX.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 1920‑built, two‑story mixed‑use property in Downtown Corsicana; Street‑level salon and spa with multiple stations, private rooms and support areas; Two upper‑floor lofts: one with 2 bedrooms and 2 baths; one with 1 bedroom and 2 baths
