Six-Bay Auto Shop
308 S Beaton Street Corsicana, TX 75110
308 S Beaton Street, Corsicana, TX, 75110
$599,000
For Sale
$599,000
SINGLE_FAMILY - Corsicana, TX
Property Size6,872 SF
Lot Size0.29 Acres
Price / SF$87.17
Days on Market137
Property Features for 308 S Beaton Street
General Information
- Property type
- Residential
- Property subtype
- Office
- Parking features
- Driveway, Parking Lot
- Security features
- Security
- Standard status
- Active
- APN
- 40596
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Description
- C0000 CORSICANA BLK 247 LOT 4 THRU 8 .287 ACR
- Tax Annual Amount
- 4699
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Concrete, Carpet, Vinyl
- Building materials
- Brick, Plaster
- Roof type
- Flat, Synthetic
Listing Agency
Premier Realty
(903) 205-1717
Corsicana, TX
Listed by
Courtney Nelson · License #0641859
(903) 467-9654
Added: Mar 3 Checked: Jul 18 at 9:06 am
MLS# 21192769
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 308 S Beaton Street in downtown Corsicana, this 6,872-square-foot commercial building is currently set up as an auto shop and service facility. The shop area includes approximately 2,600 square feet with a restroom, with about half of the workshop insulated using spray foam to support energy efficiency and climate control. Six bay doors are in place to support service workflow, and two vehicle lifts will convey with the sale.
An additional 2,072 square feet is climate controlled and includes four private offices, a bathroom, and a kitchen area, providing a distinct space for administration and/or customer-facing use separate from the workshop. Upstairs, approximately 2,000 square feet of non-climate-controlled space is arranged with multiple rooms currently used for storage, offering further operational flexibility.
The building is supported by a relatively new 2- to 3-year-old TPO membrane roof. It benefits from convenient access to major thoroughfares and established commercial activity in the downtown area.
An additional 2,072 square feet is climate controlled and includes four private offices, a bathroom, and a kitchen area, providing a distinct space for administration and/or customer-facing use separate from the workshop. Upstairs, approximately 2,000 square feet of non-climate-controlled space is arranged with multiple rooms currently used for storage, offering further operational flexibility.
The building is supported by a relatively new 2- to 3-year-old TPO membrane roof. It benefits from convenient access to major thoroughfares and established commercial activity in the downtown area.
Key Highlights
- 6,872 SF downtown Corsicana commercial building currently used as an auto shop with six bay doors for service access
- About 2,600 SF workshop area with a restroom; roughly half is spray foam insulated
- 2,072 SF climate‑controlled space with four private offices, a bathroom, and a kitchen area
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $69.3k | $10.08 |
| − Vacancy | −$7.1k | −$1.03 |
| EGI | $62.2k | $9.05 |
| − OpEx | −$9.3k | −$1.36 |
| NOI | $52.9k | $7.69 |
6,872 SF · lease $10.08/SF/yr · vacancy 10.20% · expense 15.00%
Alternative Uses
Best Use
Retail
$1.63M
$1.43M – $1.90M
NOI $114,064 @ 7.0% cap · market cap 19.04%
Second Best
Warehouse
$755.3K
$660.9K – $881.2K
NOI $52,874 @ 7.0% cap · market cap 8.83%
Theoretical Best
Multifamily LT 5
$75.50M
$66.06M – $88.08M
NOI $5,284,727 @ 7.0% cap · market cap 882.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Wallen's Autos
Car Dealership
Big Country Motors
Car Dealership
Similar For Sale Nearby
Similar Off Market Nearby
- Brutons Sardis Tire — 1219 S 7th St, Corsicana, TX 75110
- Valvoline Express Care — 1216 W 7th Ave, Corsicana, TX 75110
- Bring Money trades — 313 E 14th Ave, Corsicana, TX 75110
- Texas Engines & Transmissions — 1317 S 7th St, Corsicana, TX 75110
- Longhorn Truck and Tire mobile Repair 24 Hour Towing Service — 1400 W 7th Ave, Corsicana, TX 75110
FAQs
What type of property is this?
Auto shop - Commercial building with six bay doors, insulated workshop space, two vehicle lifts, and separate office and storage areas.
Where is this auto shop located?
The property is located at 308 S Beaton Street Corsicana, TX.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 6,872 SF downtown Corsicana commercial building currently used as an auto shop with six bay doors for service access; About 2,600 SF workshop area with a restroom; roughly half is spray foam insulated; 2,072 SF climate‑controlled space with four private offices, a bathroom, and a kitchen area
