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Historic Mixed-Use Building
For Sale
$450,000
Pending

117 S Main Street, McGregor, TX 76657

2½-story historic building with ground-floor dance studio and two separate apartments above.

Property SizeContact for details
Days on Market632

Property Features for 117 S Main Street

General Information

Standard status Pending

Taxes and HOA fees

Annual Taxes $5,071
Listing Agency: Paschall, Skipper & Associates
Listed By: Kyle Paschall · License #389444
Source: Exprealty
Added: Dec 12, 2024 Changed: Aug 20 Last Checked: Sep 5 at 12:32PM

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 Paschall, Skipper & Associates

Investment Insights

Based on property information with market context.

This historic 2½-story building offers more than 6,000 sq. ft. of usable and rentable space configured with a commercial studio on the ground floor and two separate apartments on the upper floors. The ground floor was most recently used as a dance studio and includes an approximately 1,400 sq. ft. open studio area with high ceilings and built-in shelving, along with breakout rooms, a restroom, three exterior doors, and a 9' roll-up door. An inside staircase provides access to the second floor, which includes approximately 1,000 sq. ft. of usable space.

The top floor features two separate apartments. Apartment #1 has a front entrance on main street that leads to a staircase for a 3-bedroom, 2-bath loft with high ceilings and brick walls. Apartment #2 has an entrance at the rear of the property and includes a separate exterior staircase to a one-room studio with a kitchen, full bath, and washer/dryer connection.

The property also includes a second 30 x 120 lot that can be used for parking.

Key Highlights

  • Historic 2½‑story downtown McGregor building with 6,000+ sqft usable/rentable space
  • Ground‑floor space: approx. 3,000 sqft; includes a 1,400 sqft open studio with high ceilings and built‑in shelving
  • Ground floor also has breakout rooms, a restroom, three exterior doors, and a 9' roll‑up door

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Plumbing Service Garden Center Cafe & Coffee Shop Computer & Electronic Repair Veterinary Clinic

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

290
Businesses Nearby

Demographics for 76657, TX

11,444
Population
4,775
Households
2.4
Avg Household Size
38
Median Age
38%
College-Educated
94%
High-School Grad
138.7 sq mi
ZIP Area
83
Density / Sq Mi
$100,160
Median Household Income
$44,526
Median Earnings
$1,228
Median Rent
$367,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - 2½-story historic building with ground-floor dance studio and two separate apartments above.
Where is this duplex located?
The property is located at 117 S Main Street McGregor, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Historic 2½‑story downtown McGregor building with 6,000+ sqft usable/rentable space; Ground‑floor space: approx. 3,000 sqft; includes a 1,400 sqft open studio with high ceilings and built‑in shelving; Ground floor also has breakout rooms, a restroom, three exterior doors, and a 9' roll‑up door
More about this property
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