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Mixed-Use Building with Elevator
For Sale
$475,000

1423 Main Street, Vernon, TX 76384

CommercialSale, Vernon, TX

Property Size13,797 SF
Lot Size0.15 Acres
Price / SF$34.43
Days on Market185

Property Features for 1423 Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description commercial
Parking features On Street
Subdivision Original Town
Directions GPS
Standard status Active
APN 8999001
Lot size 0.15 Acres

Taxes and HOA fees

Tax Description LOTS 1 & 2 BLK 19 ORIGINAL TOWN VERNON THE LO
Tax Annual Amount 2775
Legal Description LOTS 1 & 2 BLK 19 ORIGINAL TOWN VERNON THE LO

Utilities

Heating system Electric (Heating)
Cooling system Multi Units

Amenities

elevator
off-street parking

Building Details

Year built 1926
Floors in Building 3
Number of units 1
Flooring type Combination
Building materials Brick
Roof type Flat
Listing Agency: Davis Vernon Agency
Listed By: Chris Clerihew
Added: Feb 18 Changed: Aug 21 Last Checked: Aug 22 at 11:06AM
MLS# 21184089

Copyright © 2026 North Texas Real Estate Information Systems, Inc. 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.

This brick mixed-use commercial building at 1423 Main Street contains 13,797 square feet plus a 2,400-square-foot basement. The interior has an open layout, combination flooring, electric heating, multiple mini-split cooling units, and an elevator serving the second floor. Recent work includes new plumbing, while the flat roof and 1926 construction date remain part of the property profile.

The sale includes 1501 Main Street, a 0.1010-acre parking lot directly across from the building. The two-property arrangement places off-street parking within immediate reach of the commercial space. Both properties are situated in Vernon’s Main Street business district and downtown commercial corridor.

Key Highlights

  • 13,797‑square‑foot mixed‑use commercial building with a 2,400‑square‑foot basement
  • 0.1010‑acre parking lot at 1501 Main Street included across from the building
  • 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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Open-plan commercial property with updated plumbing, multiple HVAC units, and dedicated parking across Main Street.
Where is this mixed-use property located?
The property is located at 1423 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 mixed‑use commercial building with a 2,400‑square‑foot basement; 0.1010‑acre parking lot at 1501 Main Street included across from the building; Elevator provides access to the second floor
More about this property
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