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Versatile Commercial/Industrial Building with Apartments
For Sale
$265,000

102 Gray St, Henderson, TX 75652

Commercial/industrial building with office space and income-producing apartments.

Property Size5,200 SF
Lot Size0.17 Acres
Price / SF$50.96
Days on Market654

Property Features for 102 Gray St

General Information

Standard status Active
Size 5,200 SF
Lot size 0.17 Acres

Taxes and HOA fees

Annual Taxes $2,737
Listing Agency: KELLER WILLIAMS REALTY NORTHWEST LOUISIANA
Listed By: HAYLI CAGLE · License #995697823
Source: Exprealty
Added: Oct 24, 2024 Changed: Aug 8 Last Checked: Aug 8 at 6:01AM

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 KELLER WILLIAMS REALTY NORTHWEST LOUISIANA

Investment Insights

Based on property information with market context.

This commercial/industrial building provides over 5,200 square feet of total space, suitable for various business applications. A 2,000-square-foot heated and cooled office space addition from 2014 includes 3 private offices, 2 restrooms (one being upgraded with a shower), a break room, and storage closets. The office area features ceiling and wall insulation, with pre-installed security cameras ready for connection. The building has two overhead doors, one in the front and one in the back, both equipped with truck-height loading docks. A large workshop area offers space for industrial work or storage. At the rear of the property, there are two rented apartments, one approximately 600 sq ft and the other 700 sq ft, each with separate entrances from Aspin Street. The apartments share a laundry room and a recently updated 50-gallon water heater that is one year old. The property is suitable for a business seeking combined office and industrial workspace with passive rental income. Average electrical costs range between $400 and $450 per month, with utilities covered by the owner.

Key Highlights

  • Over 5,200 sq ft of versatile commercial/industrial space.
  • Includes 2,000 sq ft of heated and cooled office space with 3 private offices, 2 restrooms, and a break room.
  • Two fully rented apartments at the rear provide passive rental income.

Property Analytics

Current Use

Kenneth Orr Construction Construction Company

Suggested Use

Top Pick Hair Salon Nail Salon Building Supply Spa & Massage Center (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

Location Intelligence

Trade Area within ½ mile

38
Businesses Nearby

Demographics for 75652, TX

15,956
Population
4,994
Households
3.2
Avg Household Size
39
Median Age
15%
College-Educated
81%
High-School Grad
172.0 sq mi
ZIP Area
93
Density / Sq Mi
$67,031
Median Household Income
$34,521
Median Earnings
$918
Median Rent
$202,400
Median Home Value

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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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial/industrial building with office space and income-producing apartments.
Where is this mixed-use property located?
The property is located at 102 Gray St Henderson, TX.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Over 5,200 sq ft of versatile commercial/industrial space.; Includes **2,000 sq ft of heated and cooled office space** with 3 private offices, 2 restrooms, and a break room.; Two fully rented apartments at the rear provide passive rental income.
More about this property
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