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    Office Showroom Corner Building Title is generated by Realmo AI

    1601 S Harrison St, Amarillo, TX 79102

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    Corner office building with showroom layout, multiple offices, reception, kitchen, and conference room, plus on-site parking lot.

    Type:Office
    Property size:
    5,766 SF
    Price / SF:
    $160/SF
    Added:
    Jun 3, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 6 at 5:20 am

    Property Features for 1601 S Harrison St

    General Information

    Standard status
    Active
    Size
    5,766 SF
    Property subtype
    Office

    Building Details

    Year Built
    1959

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    Listing Contact
    Jeff Gaut
    Jeff Gaut

    Listing agent Jeff Gaut License #TX 0695613

    Listing office Gaut Whittenburg Emerson CRE

    Listing date Jun 3, 2026

    Source Crexi

    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 Gaut Whittenburg Emerson CRE

    HighLights

    • Corner office building at the SE corner of Harrison St and 16th St in downtown Amarillo (Amarillo, TX), built in 1959
    • Office layout includes 5 offices plus reception, kitchen, and a conference room
    • Large open middle area currently used as a showroom, with potential to add multiple cubicles for desks
    • 3 bathrooms, including a shower
    • 2 large storage rooms
    • Includes a 3,484 SF lot across Harrison St for extra parking

    Overview

    This downtown office building is configured for both private work areas and open presentation space. The interior includes five offices, a reception area, a kitchen, a conference room, and a large open middle area currently used as a showroom. Three bathrooms are available, including one with a shower, along with two large storage rooms. A 3,484 square-foot lot is included for additional parking across Harrison Street.

    The property is located on the southeast corner of Harrison and 16th in downtown Amarillo. An included parking lot across Harrison can support overflow parking and improve day-to-day access.

    For office users, the combination of dedicated offices, a reception and conference space, and an adaptable open showroom area can support a range of professional and customer-facing operations. The included additional parking lot may be especially useful for businesses that need reliable space for employees and visitors.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $103.8k $18.00
    − Vacancy −$15.6k −$2.70
    EGI $88.2k $15.30
    − OpEx −$22.1k −$3.82
    NOI $66.2k $11.48
    5,766 SF · lease $18.00/SF/yr · vacancy 15.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $945.2K
    $827.1K – $1.10M (±1% cap)
    NOI $66,165 @ 7.0% cap · market cap 7.15%
    Second Best
    Retail
    $795.7K
    $696.3K – $928.3K (±1% cap)
    NOI $55,700 @ 7.0% cap · market cap 6.02%
    Theoretical Best
    Office A
    $1.29M
    $1.13M – $1.50M (±1% cap)
    NOI $90,116 @ 7.0% cap · market cap 9.74%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Fastpay Payroll Services Accounting Firm Brandability, Inc. Marketing & Advertising

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Law Firm Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.8412768
    Latitude
    35.1974209

    FAQs

    What type of property is this?
    Office building - Corner office building with showroom layout, multiple offices, reception, kitchen, and conference room, plus on-site parking lot.
    Where is this office building located?
    The property is located at 1601 S Harrison St Amarillo, TX.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: Corner office building at the SE corner of Harrison St and 16th St in downtown Amarillo (Amarillo, TX), built in 1959; Office layout includes 5 offices plus reception, kitchen, and a conference room; Large open middle area currently used as a showroom, with potential to add multiple cubicles for desks
    (806) 373-3111 Call to check price and availability
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