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Office Building With Parking
For Sale
$475,000

1423 & 1501 Main Street, Vernon, TX 76384

COMMERCIAL - Vernon, TX

Property Size13,797 SF
Lot Size0.25 Acres
Price / SF$34.43
Days on Market362

Property Features for 1423 & 1501 Main Street

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 6, Bathroom 2, Bathroom 4, Bathroom 3, Bathroom 5, Bathroom 1
Standard status Active
Lot size 0.25 Acres

Utilities

Heating system Forced Air

Amenities

parking lot

Building Details

Year built 1926
Floors in Building 3
Building materials Brick
Roof type Flat
Listing Agency: Davis Vernon Real Estate
Listed By: Chris Clerihew
Added: Aug 26, 2025 Changed: Aug 16 Last Checked: Aug 22 at 6:06PM
MLS# 11567588

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The property includes a 13,797-square-foot office building with a 2,400-square-foot basement, an open interior arrangement, and six bathrooms. Recent improvements include new plumbing, multiple mini-split systems, and an elevator serving the second floor. Brick construction, a flat roof, and forced-air heating are also present. Built in 1926, the building can accommodate retail, office, professional-service, or mixed-use operations and may support either a single occupant or multiple tenants.

The offering also includes a 0.1010-acre parking lot at 1501 Main Street, directly across from the building at 1423 Main Street. The property is situated in Vernon’s Main Street business district and benefits from proximity to established businesses and a high-traffic downtown corridor.

Key Highlights

  • 13,797‑square‑foot office building with a 2,400‑square‑foot basement
  • 0.1010‑acre parking lot at 1501 Main Street included
  • Elevator provides access to the second floor

Property Analytics

Current Use

The Loft at 1423 Hotel & Motel

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply HVAC Service Skin Care Clinic Pharmacy

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

368
Businesses Nearby

Demographics for 76384, TX

12,374
Population
5,595
Households
2.2
Avg Household Size
39
Median Age
17%
College-Educated
81%
High-School Grad
474.8 sq mi
ZIP Area
26
Density / Sq Mi
$51,582
Median Household Income
$28,364
Median Earnings
$859
Median Rent
$101,600
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
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Frequently Asked Questions

What type of property is this?
Office building - Updated office building with an open layout, elevator access, and dedicated off-street parking.
Where is this office building located?
The property is located at 1423 & 1501 Main Street Vernon, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 13,797‑square‑foot office building with a 2,400‑square‑foot basement; 0.1010‑acre parking lot at 1501 Main Street included; Elevator provides access to the second floor
More about this property
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