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Retail Building with Vaulted Ceilings
For Sale
$425,000

301 S Ellis St, Groesbeck, TX 76642

The floor plan includes a kitchen, prep area, office, restrooms, and walk-in cold storage.

Property Size2,821 SF
Price / SF$150.66
Days on Market14

Property Features for 301 S Ellis St

General Information

Standard status Active
Size 2,821 SF
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes

Amenities

vaulted ceilings
large windows
spacious side room
kitchen
prep and cleaning area
office
walk-in refrigerator and freezer
restrooms

Building Details

Year Built 1984
Year Renovated 2023
Listing Agency: Realty Plus - Groesbeck
Listed By: Tad Kirkendoll
Source: Northtexashomeguide
Added: Sep 30 Changed: Oct 4 Last Checked: Oct 5 at 6:59PM

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 Realty Plus - Groesbeck

Investment Insights

Based on property information with market context.

This 2,821-square-foot retail building has vaulted ceilings and large windows along the front and two sides. Its interior includes a spacious side room, kitchen, prep and cleaning area, office, walk-in refrigerator and freezer, and restrooms. The exterior work completed in 2023 included a metal roof replacement and moving the air-conditioning units from the roof to ground level.

The property is at 301 S Ellis St in Groesbeck, across from the Limestone County Courthouse. Highway 14 (Ellis Street) runs past the property, and the intersection of Hwy 164 and Hwy 14 is nearby.

Key Highlights

  • 2,821 sq ft retail building with vaulted ceilings
  • 2023 exterior upgrades included a new metal roof and ground‑level AC units
  • Large windows span the front and two sides of the building

Property Analytics

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Current Use

El Pancho Mexican ... Restaurant

Suggested Use

Top Pick Building Supply Real Estate Agency HVAC Service Electrical Service Dental Office Auto Parts 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

368
Businesses Nearby
41k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 60% Dining 40%
Texaco Shops & Services
12,097 visits/mo 0.4 miles
SONIC Drive In Dining
5,994 visits/mo 0.1 miles
Bush's Chicken Dining
5,632 visits/mo 0.1 miles
Shell Shops & Services
5,609 visits/mo 0.4 miles
Farmers State Bank Shops & Services
2,428 visits/mo 0.3 miles

Demographics for 76642, TX

6,641
Population
2,824
Households
2.4
Avg Household Size
42
Median Age
20%
College-Educated
86%
High-School Grad
248.1 sq mi
ZIP Area
27
Density / Sq Mi
$60,186
Median Household Income
$38,043
Median Earnings
$828
Median Rent
$188,800
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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - The floor plan includes a kitchen, prep area, office, restrooms, and walk-in cold storage.
Where is this retail space located?
The property is located at 301 S Ellis St Groesbeck, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 2,821 sq ft retail building with vaulted ceilings; 2023 exterior upgrades included a new metal roof and ground‑level AC units; Large windows span the front and two sides of the building
More about this property
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