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High-Visibility Commercial Building For Sale

220 S Palestine Street, Athens, TX 75751

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For Sale

$1,300,000

3,900 SF commercial building with high traffic and visibility.

Type:Commercial

Property size:

3,900 SF

Lot size:

0.78 Acres

Price / SF:

$333/SF

HighLights

High Visibility and Traffic: Located on S. Palestine with 10,552 daily traffic count.
Prime Commercial Location: Just 2.5 blocks from the courthouse square and across from established businesses.
Flexible Space: 3,900 SF total space, zoned for retail use.
Drive‑Thru Capability: Concrete parking area includes drive‑thru functionality.
Income Potential: 1,500 SF currently leased to Treehouse Cupcakes.
Large Lot Size: 0.78 acre with 177 ft frontage.

We can help!

Listing Contact

Trish Mcguffey

Learn more

For Sale

$1,300,000

3,900 SF commercial building with high traffic and visibility.

Type:Commercial

Property size:

3,900 SF

Lot size:

0.78 Acres

Price / SF:

$333/SF

Added:: Apr 22, 2026
Days on Market:: 51
Last Refresh:: Apr 22 at 5:19 pm

Property Features for 220 S Palestine Street

General Information

Standard status: Active
Size: 3,900 SF
Lot size: 0.78 Acres
Property subtype: Commercial

Building Details

Year Built: 2012

We can help!

Listing Contact

Trish Mcguffey

Listing agent Trish Mcguffey

Listing office Steve Grant Realty LLC

Listing date Apr 22, 2026

Source Signaturere

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 Steve Grant Realty LLC

HighLights

High Visibility and Traffic: Located on S. Palestine with 10,552 daily traffic count.
Prime Commercial Location: Just 2.5 blocks from the courthouse square and across from established businesses.
Flexible Space: 3,900 SF total space, zoned for retail use.
Drive‑Thru Capability: Concrete parking area includes drive‑thru functionality.
Income Potential: 1,500 SF currently leased to Treehouse Cupcakes.
Large Lot Size: 0.78 acre with 177 ft frontage.

Overview

This 3,900 SF commercial building offers high visibility and traffic, situated 2.5 blocks from the courthouse square. Zoned for retail use, the property is suitable for a range of businesses. The property was previously home to two restaurants. The north side of the building provides 1,500 SF and is currently leased to Treehouse Cupcakes. The south side offers 2,400 SF of available space. The property includes concrete parking with drive-thru capability. The lot size is 0.78 acres (30,840 SF) with 177 ft of frontage on S. Palestine. The location benefits from a traffic count of 10,552 daily (per TXDOT). The property is located across from Schlotzsky's, a hardware store, and a furniture store, making it suitable for retail, dining, or service businesses.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$97.3k	$24.96
− Vacancy	−$4.9k	−$1.25
EGI	$92.5k	$23.71
− OpEx	−$23.1k	−$5.93
NOI	$69.4k	$17.78

3,900 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$990.8K

$867.0K – $1.16M (±1% cap)

NOI $69,358 @ 7.0% cap · market cap 5.34%

Second Best

Retail

$764.4K

$668.8K – $891.8K (±1% cap)

NOI $53,506 @ 7.0% cap · market cap 4.12%

Theoretical Best

Office A

$1.37M

$1.20M – $1.60M (±1% cap)

NOI $96,034 @ 7.0% cap · market cap 7.39%

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

Location Intelligence

Current Use by Public Records

Treehouse Cupcakes & Frozen ... Bakery Dickey's Barbecue Pit Restaurant

Suggested Use

Location Insight

Map
Local Demand

City: Athens
County: Henderson
State: Texas
Longitude: -95.853804
Latitude: 32.204136

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For sale
Retail space
TX
Athens
75751
220 S Palestine Street

What type of property is this?

Retail space - 3,900 SF commercial building with high traffic and visibility.

Where is this retail space located?

The property is located at 220 S Palestine Street Athens, TX.

What is the asking price?

The asking price for this property is $1,300,000.

What are key features of this property?

This property features: High Visibility and Traffic: Located on S. Palestine with 10,552 daily traffic count.; Prime Commercial Location: Just 2.5 blocks from the courthouse square and across from established businesses.; Flexible Space: 3,900 SF total space, zoned for retail use.