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    118 South Commerce St Wills Point, TX 75169

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    For Sale
    $269,900

    1,700 sq ft commercial building in Historic Downtown Wills Point.

    Lot size:
    0.07 Acres

    Property Features for 118 South Commerce St

    General Information

    Lot size
    0.07 Acres

    Building Details

    Year built
    1920

    Source: Century 21 NexGen Realty Agent Sherry Scott Moore

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Downtown Commercial Building

    Located in the heart of Historic Downtown Wills Point, this 1,700 sq ft commercial building is visible from Hwy 80. Formerly operated as a restaurant, the property is fully equipped and move-in ready for food service, but can be adapted for other commercial uses. All tables, chairs, booths, and fixtures are included in the sale, along with a complete commercial kitchen featuring stainless steel appliances and fixtures including triple sink, gas oven, cooler, and prep stations. Durable ceramic tile flooring runs throughout the space. With excellent visibility, a walkable location, and high traffic from nearby highway access, this property is ideal for a restaurant, café, retail store, or office space.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Wills Point
    County
    Van Zandt
    State
    Texas
    Longitude
    -96.007687
    Latitude
    32.70752

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    FAQs

    What type of property is this?
    Restaurant - 1,700 sq ft commercial building in Historic Downtown Wills Point.
    Where is this restaurant located?
    The property is located at 118 South Commerce St Wills Point, TX.
    What is the asking price?
    The asking price for this property is $269,900.
    What are key features of this property?
    This property features: - Prime location in Historic Downtown Wills Point with high visibility from Hwy 80; - Move-in ready, fully equipped commercial kitchen with stainless steel appliances included; - 1,700 sq ft building suitable for restaurant, cafe, retail, or office space
    Request Owner's contact information
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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
    118 South Commerce St Wills Point, TX 75169
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