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Downtown Giddings Commercial Opportunity
For Sale
$250,000

251 E Hempstead St, Giddings, TX 78942

Commercial space in downtown Giddings, near Lee County Court.

Property Size5,096 SF
Lot Size0.07 Acres
Days on Market183

Property Features for 251 E Hempstead St

General Information

Standard status Active
Size 5,096 SF
Lot size 0.07 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $4,192

Building Details

Building Size 5,096 SF
Year Built 1960
Listing Agency: Schultz Texas Properties, LLC
Listed By: Emily Siegmund · License #0713624
Source: Elliman
Added: Mar 10 Changed: Sep 7 Last Checked: Sep 8 at 6:22AM

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 Schultz Texas Properties, LLC

Investment Insights

Based on property information with market context.

This commercial property is located in downtown Giddings, near the Lee County Courthouse. The property requires updates but offers potential, having been used as a functional office space for multiple businesses for many years. A long, narrow hallway divides two separate parcels, which share an entrance but have their own utilities.

Key Highlights

  • Rare commercial opportunity in downtown Giddings.
  • Located near the Lee County Court House.
  • Functional office space previously used by multiple businesses.

Property Analytics

Current Use

FedEx Drop Box Postal Service

Suggested Use

Top Pick Real Estate Agency Building Supply Electrical Service Dental Office Skin Care Clinic Cafe & Coffee Shop

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

526
Businesses Nearby

Demographics for 78942, TX

8,973
Population
4,285
Households
2.1
Avg Household Size
39
Median Age
21%
College-Educated
78%
High-School Grad
203.0 sq mi
ZIP Area
44
Density / Sq Mi
$60,084
Median Household Income
$36,214
Median Earnings
$1,091
Median Rent
$235,600
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Commercial space in downtown Giddings, near Lee County Court.
Where is this office units located?
The property is located at 251 E Hempstead St Giddings, 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: Rare commercial opportunity in downtown Giddings.; Located near the Lee County Court House.; Functional office space previously used by multiple businesses.
More about this property
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