Versatile Elgin Property Near Downtown

416 Depot St, Elgin, TX 78621

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For Sale

$1,200,000

Adaptable 7,015 sq ft property suitable for various uses.

Type:Commercial

Property size:

7,015 SF

Price / SF:

$171/SF

HighLights

Expansive 7,015 sq ft versatile space suitable for residential, commercial, or mixed‑use purposes.
Prime location near downtown Elgin, offering convenient access to dining, shopping, and city amenities.
Flexible layout with removable walls, allowing for easy customization.
Attached studio with a private entrance, providing opportunities for rental income, a separate business, or guest suite.
High visibility and easy access, making it an attractive location for businesses.
Strong surrounding development, indicating a promising long‑term investment.

We can help!

Listing Contact

Laura Gutierrez

Learn more

For Sale

$1,200,000

Adaptable 7,015 sq ft property suitable for various uses.

Type:Commercial

Property size:

7,015 SF

Price / SF:

$171/SF

Added:: Apr 24, 2026
Days on Market:: 49
Last Refresh:: Apr 24 at 4:34 pm

Property Features for 416 Depot St

General Information

Standard status: Active
Size: 7,015 SF
Property subtype: Commercial

Building Details

Year Built: 1981

We can help!

Listing Contact

Laura Gutierrez

Listing agent Laura Gutierrez

Listing office

Listing date Apr 24, 2026

Source Elliman

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 Laura Gutierrez

HighLights

Expansive 7,015 sq ft versatile space suitable for residential, commercial, or mixed‑use purposes.
Prime location near downtown Elgin, offering convenient access to dining, shopping, and city amenities.
Flexible layout with removable walls, allowing for easy customization.
Attached studio with a private entrance, providing opportunities for rental income, a separate business, or guest suite.
High visibility and easy access, making it an attractive location for businesses.
Strong surrounding development, indicating a promising long‑term investment.

Overview

This 7,015 sq ft property, located minutes from downtown Elgin, presents a versatile opportunity. Currently operating as a hair salon and spa, the space is designed for easy transformation into residential, commercial, or mixed-use property. The flexible layout features temporary walls that create private rooms, which can be removed to reveal an open floor plan. Potential uses include a boutique, wellness center, creative studio, office headquarters, event venue, or live-work residence. An attached studio with a private entrance offers additional opportunities such as rental income, a separate business, guest suite, or private office. The property's location near downtown Elgin provides access to dining, shopping, and city amenities. High visibility, easy access, and surrounding development enhance its investment potential. The property has a bike score of 43, indicating it is somewhat bikeable, and a walk score of 42, indicating car dependence.

Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Location Insight

Map
Local Demand

City: Elgin
County: Bastrop
State: Texas
Longitude: -97.37539
Latitude: 30.346495

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For sale
Mixed-use properties
TX
Elgin
78621
416 Depot St

What type of property is this?

Mixed-use property - Adaptable 7,015 sq ft property suitable for various uses.

Where is this mixed-use property located?

The property is located at 416 Depot St Elgin, TX.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: Expansive 7,015 sq ft versatile space suitable for residential, commercial, or mixed‑use purposes.; Prime location near downtown Elgin, offering convenient access to dining, shopping, and city amenities.; Flexible layout with removable walls, allowing for easy customization.