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Historic Four-Story Office Building with Penthouse
For Sale
$250,000

202 E Main St, Henderson, TX 75652

Four-story historic office building with penthouse and new roof; street parking, with rear area for off-street parking.

Property Size18,000 SF
Lot Size0.28 Acres
Price / SF$13.89
Days on Market1799

Property Features for 202 E Main St

General Information

Standard status Active
Size 18,000 SF
Lot size 0.28 Acres

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1902
Buildings 1
Stories 5
Building Size 18,000 SF
Construction brick veneer
Listing Agency: Staples Commercial Group, LLC
Listed By: Steve Demuth · License #0711569
Source: Exprealty
Added: Oct 22, 2021 Changed: Sep 9 Last Checked: Sep 22 at 11:52PM

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 Staples Commercial Group, LLC

Investment Insights

Based on property information with market context.

Historic four-story office building with penthouse, built in 1902. Approx. 18,000 SF on a 0.279 +/- acre site, constructed with brick veneer over a concrete slab. The property includes a new roof and some exterior updates, while the interior will need to be completely renovated.

Located at the SE corner of the Downtown Square in Henderson, Texas, the building offers easy access to the courthouse, Central Business District, and major thoroughfares including East Main St (Bus. 79) and South Marshall St (Hwy. 64). Parking is available via street parking, with additional area in the rear that can be developed for off-street parking.

The building was originally the First National Bank and is sized and configured for conversion to office suites and other downtown uses such as retail, restaurant, or residential apartments, subject to renovation and applicable approvals.

Key Highlights

  • Built in 1902 with four stories plus penthouse
  • Approx. 18,000 SF on 0.279 +/- acre site
  • New roof and some exterior updates; interior needs complete renovation

Property Analytics

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Current Use

Rusk County Tax ... Tax Department Linebarger Goggan Blair Bank Rusk County Auto ... Department Of Motor Vehicles

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store Plumbing Service Big Box & Wholesale Store Building Supply (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

645
Businesses Nearby

Demographics for 75652, TX

15,956
Population
4,994
Households
3.2
Avg Household Size
39
Median Age
15%
College-Educated
81%
High-School Grad
172.0 sq mi
ZIP Area
93
Density / Sq Mi
$67,031
Median Household Income
$34,521
Median Earnings
$918
Median Rent
$202,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Office building - Four-story historic office building with penthouse and new roof; street parking, with rear area for off-street parking.
Where is this office building located?
The property is located at 202 E Main St Henderson, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Built in 1902 with four stories plus penthouse; Approx. 18,000 SF on 0.279 +/- acre site; New roof and some exterior updates; interior needs complete renovation
More about this property
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