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Historic Mixed-Use Retail and Apartment

114 N Avenue D Clifton, TX 76634

114 N Avenue D, Clifton, TX, 76634
$359,000
For Sale
$359,000

SINGLE_FAMILY - Clifton, TX

Property Size2,535 SF
Lot Size0.05 Acres
Price / SF$141.62
Days on Market133

Property Features for 114 N Avenue D

General Information

Property type
Residential
Property subtype
Retail
Parking features
Alley, On Street
Standard status
Active
APN
R32487
Lot size
0.05 Acres

Taxes and HOA fees

Tax Description
CLIFTON OT BLOCK 12 LOT 7(SE PT) & 8(NE PT)
Tax Annual Amount
3527

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air, Window Unit(s)
Water source
Public

Building Details

Year built
1909
Floors in Building
2
Number of units
2
Flooring type
Wood, Concrete
Building materials
Concrete, Plaster, WoodSiding
Roof type
Asphalt, Metal
Listing Agency COBB RANCH PROPERTIES, LLC
Cranfills Gap, TX
Listed by Tai Cobb Klam · License #0594871
Added: Mar 9 Checked: Jul 19 at 12:06 am
MLS# 21042326

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

114 N Avenue D in downtown Clifton is a historic, mixed-use property currently operating as a vintage Americana boutique, with a former use as an art and frame gallery. The property totals 2,535 sq. ft. and is designed for commercial and residential use. The main level includes 1,000 sq. ft. of open retail space along with 500 sq. ft. of additional living quarters featuring a full bath and laundry.

A private garden and patio area is located at the rear, with an owner’s parking spot accessible in the rear alley. Upstairs, there is a whole apartment with its own private entrance, featuring open-concept living, a spacious bedroom, tall ceilings with vintage woodwork, a full kitchen set apart from the living and bedroom area, and a bathroom with a classic clawfoot tub and shower.

Clifton is described as a Texas Cultural District community, with the Bosque Arts Center and murals including Art Alley. The listing also notes downtown Clifton includes multiple locally owned restaurants and boutiques, and references landmarks such as the Cliftex Theatre and Market at the Mill.

Key Highlights

  • 2,535 sq. ft. historic building built in 1909 in Downtown Clifton, Texas with commercial and residential use.
  • Main level: 1,000 sq. ft. open retail space plus 500 sq. ft. living quarters with a full bath and laundry.
  • Upstairs apartment with private entrance, open‑concept living, spacious bedroom, full kitchen, and bathroom with clawfoot tub and shower.

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $59.3k $23.40
− Vacancy −$7.4k −$2.93
EGI $51.9k $20.47
− OpEx −$19.5k −$7.68
NOI $32.4k $12.80
2,535 SF · lease $23.40/SF/yr · vacancy 12.50% · expense 37.50%

Alternative Uses

Best Use
Mixed Use
$463.4K
$405.5K – $540.7K (±1% cap)
NOI $32,440 @ 7.0% cap · market cap 9.04%
Second Best
Retail
$422.0K
$369.3K – $492.3K (±1% cap)
NOI $29,540 @ 7.0% cap · market cap 8.23%
Theoretical Best
Office A
$668.8K
$585.2K – $780.3K (±1% cap)
NOI $46,816 @ 7.0% cap · market cap 13.04%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Sanctus Clothing Store La Thompson Gallery-Fine ... Art Studio

Suggested Use

Law Firm Dental Office Skin Care Clinic Real Estate Agency Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Furniture & Home Goods (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Barber Shop

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

FAQs

What type of property is this?
Mixed-use property - Historic building with main-level retail and living quarters, plus an upstairs apartment with private entrance and rear-alley parking access.
Where is this mixed-use property located?
The property is located at 114 N Avenue D Clifton, TX.
What is the asking price?
The asking price for this property is $359,000.
What are key features of this property?
This property features: 2,535 sq. ft. historic building built in 1909 in Downtown Clifton, Texas with commercial and residential use.; Main level: 1,000 sq. ft. open retail space plus 500 sq. ft. living quarters with a full bath and laundry.; Upstairs apartment with private entrance, open‑concept living, spacious bedroom, full kitchen, and bathroom with clawfoot tub and shower.
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