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Flexible Former Bank Office Building
For Sale
$1,150,000

422 W Washington Street, Stephenville, TX 76401

Former bank building with office and meeting space, currently in good condition but requiring a new HVAC system.

Days on Market11

Property Features for 422 W Washington Street

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1967
Listing Agency: PREFERRED PROPERTIES OF TEXAS
Listed By: Case Horton
Source: Cornerstonehomeandranch
Added: Jul 21 Changed: Jul 22 Last Checked: Jul 24 at 5:02PM

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 PREFERRED PROPERTIES OF TEXAS

Investment Insights

Based on property information with market context.

422 W Washington Street is a former bank building with a flexible interior layout that has most recently been used for offices and meeting space. The property is in good overall condition, with the notable item that a new HVAC system will be required.

The building is located in downtown Stephenville. The seller also proposes retaining Sunday-morning parking privileges for church use, subject to negotiated terms with the buyer.

This property may be suited to a range of commercial and institutional uses, including professional offices, a financial institution, nonprofit organization space, or event and training space, with the final fit dependent on buyer verification of zoning, permitted uses, measurements, and parking requirements.

Key Highlights

  • Former bank building at 422 W Washington Street (Year built: 1967)
  • Previously used for office and meeting space by First United Methodist Church
  • Good overall condition; will require a new HVAC system

Property Analytics

Current Use

First United Methodist ... Church Food Distribution Center ... Food Bank United Methodist District Church First United Methodist ... Food Bank

Suggested Use

Top Pick Parking Lot & Garage Dental Office (Bike/Boat/Book/etc) Store Carpet & Flooring Store Grocery & Convenience Store Pet Grooming Service

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

853
Businesses Nearby

Demographics for 76401, TX

30,144
Population
13,826
Households
2.2
Avg Household Size
30
Median Age
35%
College-Educated
90%
High-School Grad
411.3 sq mi
ZIP Area
73
Density / Sq Mi
$60,864
Median Household Income
$31,925
Median Earnings
$1,136
Median Rent
$252,000
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?
Bank - Former bank building with office and meeting space, currently in good condition but requiring a new HVAC system.
Where is this bank located?
The property is located at 422 W Washington Street Stephenville, TX.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Former bank building at 422 W Washington Street (Year built: 1967); Previously used for office and meeting space by First United Methodist Church; Good overall condition; will require a new HVAC system
More about this property
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