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Mixed-Use Building with Four Apartments

215- 217 Fifth Street, Palacios, TX 77465

For Sale
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Two office suites occupy the ground floor, with four apartments above and leases in place for both offices.

Property SizeContact for details
Days on Market1461

Property Features for 215- 217 Fifth Street

General Information

Standard status Active
Property subtype Land

Additional Details

Multifamily Units 4
Tenant in Place Yes

Building Details

Buildings 1
Stories 2
Listing Agency: Texas Coastal Properties
Listed By: Ron Laws · License TX #0301068
Source: Crexi
Added: Nov 11, 2022 Changed: Nov 8 Last Checked: Nov 8 at 3:15PM

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 Texas Coastal Properties

Rey
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Investment Insights

Based on property information with market context.

This two-story mixed-use property combines commercial office space with residential units. The ground level contains two offices, each approximately 1,200 square feet, and both office spaces are currently leased. Four apartments are located on the upper floor. Sixteen windows have been replaced upstairs, and the front awning received a new roof in October 2022.

The property is at 215–217 Fifth Street in Palacios, Texas, two blocks from the bay.

Key Highlights

  • Two‑story mixed‑use building with two ground‑floor offices and four upstairs apartments
  • Each office is approximately 1,200 square feet; both office spaces have current leases
  • Sixteen new windows installed on the upper floor

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Storage Facility Furniture & Home Goods Building Supply

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

151
Businesses Nearby

Demographics for 77465, TX

7,137
Population
3,793
Households
1.9
Avg Household Size
41
Median Age
20%
College-Educated
76%
High-School Grad
232.4 sq mi
ZIP Area
31
Density / Sq Mi
$69,500
Median Household Income
$41,914
Median Earnings
$748
Median Rent
$170,600
Median Home Value
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two office suites occupy the ground floor, with four apartments above and leases in place for both offices.
Where is this mixed-use property located?
The property is located at 215- 217 Fifth Street Palacios, TX.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Two‑story mixed‑use building with two ground‑floor offices and four upstairs apartments; Each office is approximately 1,200 square feet; both office spaces have current leases; Sixteen new windows installed on the upper floor
(979) 240-4413 · Office Call to check price and availability
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