Historic Downtown Storefront
New
For Sale
Contact for pricing
318 N Washington Ave, Livingston, TX 77351
Historic commercial building with city utilities and access to established downtown businesses and civic buildings.
Property Size8,360 SF
Lot Size0.49 Acres
Price / SF$227.27
Days on Market5
Property Features for 318 N Washington Ave
General Information
Standard status
Active
Size
8,360 SF
Lot size
0.49 Acres
Property subtype
RETAIL
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Building Details
Year Built
1920
Buildings
1
Listing Agency:
Anne Vickery & Associates Realty LLC
(713) 907-9680
Listed By:
Anne Vickery · License #/9005105
(713) 907-9680
Source:
Moodyscre
Added: Jul 28
Changed: Jul 31
Last Checked: Aug 1 at 5:19AM
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 Anne Vickery & Associates Realty LLC
Investment Insights
Based on property information with market context.
This historic storefront property includes an 8,360-square-foot building constructed in 1920 on ±0.49 acres. The building offers architectural character and a commercial layout suitable for retail, office, boutique, café, professional services, event venue, or mixed-use redevelopment. City utilities are available.
The property is located along N Washington Ave in downtown Livingston, with easy access to Hwy 190 and US 59 (I-69). The surrounding area includes established businesses, civic buildings, and local traffic. A lease option is available.
The property is located along N Washington Ave in downtown Livingston, with easy access to Hwy 190 and US 59 (I-69). The surrounding area includes established businesses, civic buildings, and local traffic. A lease option is available.
Key Highlights
- 8,360‑square‑foot historic building constructed in 1920
- ±0.49 acres along N Washington Ave
- Easy access to Hwy 190 and US 59 (I‑69)
Financial Insights For Specialty Retail
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 | $171.5k | $20.52 |
| − Vacancy | −$8.6k | −$1.03 |
| EGI | $163.0k | $19.49 |
| − OpEx | −$40.7k | −$4.87 |
| NOI | $122.2k | $14.62 |
8,360 SF · lease $20.52/SF/yr · vacancy 5.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.75M
$1.53M – $2.04M
NOI $122,227 @ 7.0% cap · market cap 6.43%
Second Best
Mixed Use
$1.64M
$1.43M – $1.91M
NOI $114,766 @ 7.0% cap · market cap 6.04%
Theoretical Best
Hotel Hospitality
$4.29M
$3.75M – $5.00M
NOI $300,208 @ 7.0% cap · market cap 15.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
216
Businesses Nearby
9k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
4,681 visits/mo
0.2 miles
Family Dollar
Shops & Services
4,420 visits/mo
0.0 miles
Demographics for 77351, TX
37,353
Population
17,934
Households
2.1
Avg Household Size
47
Median Age
15%
College-Educated
83%
High-School Grad
636.9 sq mi
ZIP Area
59
Density / Sq Mi
$62,710
Median Household Income
$35,645
Median Earnings
$1,057
Median Rent
$163,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Petlz — 500 N Washington Ave, Livingston, TX 77351
- Petalz by Annie — 500 N Washington Ave, Livingston, TX 77351
Frequently Asked Questions
What type of property is this?
Storefront property - Historic commercial building with city utilities and access to established downtown businesses and civic buildings.
Where is this storefront property located?
The property is located at 318 N Washington Ave Livingston, TX.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 8,360‑square‑foot historic building constructed in 1920; ±0.49 acres along N Washington Ave; Easy access to Hwy 190 and US 59 (I‑69)