Historic Mixed-Use Downtown
401 N Main St Taylor, TX 76574
401 N Main St, Taylor, TX, 76574
$1,500,000
For Sale
$1,500,000
Historic building built around 1900 at Main and 4th Street in downtown Taylor, Texas, across from Heritage Park.
Property Size7,936 SF
Price / SF$189.01
Days on Market207
Property Features for 401 N Main St
General Information
- Standard status
- Active
- Size
- 7,936 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1900
Listing agency
RE/MAX Associates Group
(512) 296-7379
Listed by
Ricky Northcutt
(512) 296-7379
Source
Xome
Added: Dec 26, 2025 Updated: Jul 21 at 11:58AM Checked: Jul 21 at 11:58AM
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 RE/MAX Associates Group
Investment Insights
Based on property information with market context.
This historic building was constructed around 1900 and presents a blank-canvas opportunity for an investor looking to reposition a standout structure. The property is offered for sale with owner financing available, and it is described as well-suited for redevelopment into a destination restaurant, loft apartments with retail, or a boutique hotel.
The building is located in downtown Taylor at the intersection of Main and 4th Street (also described as HWY 95 and HWY 79), across the street from Heritage Park. The public remarks also note the nearby presence of the new Samsung chip fab in Taylor.
With its historic character and prominent downtown setting, the property offers a distinctive redevelopment platform for a buyer with a vision for how to bring the building to life.
The building is located in downtown Taylor at the intersection of Main and 4th Street (also described as HWY 95 and HWY 79), across the street from Heritage Park. The public remarks also note the nearby presence of the new Samsung chip fab in Taylor.
With its historic character and prominent downtown setting, the property offers a distinctive redevelopment platform for a buyer with a vision for how to bring the building to life.
Key Highlights
- Historic building built around 1900
- Downtown Taylor, TX location at the intersection of Main and 4th St (HWY 95 and HWY 79)
- Across the street from Heritage Park
Local Financial Insights For Mixed Use
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 | $190.5k | $24.00 |
| − Vacancy | −$19.0k | −$2.40 |
| EGI | $171.4k | $21.60 |
| − OpEx | −$64.3k | −$8.10 |
| NOI | $107.1k | $13.50 |
7,936 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Specialty Retail
$2.14M
$1.87M – $2.50M
NOI $149,720 @ 7.0% cap · market cap 9.98%
Second Best
Mixed Use
$1.53M
$1.34M – $1.79M
NOI $107,136 @ 7.0% cap · market cap 7.14%
Theoretical Best
Office A
$3.32M
$2.90M – $3.87M
NOI $232,221 @ 7.0% cap · market cap 15.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Historic building built around 1900 at Main and 4th Street in downtown Taylor, Texas, across from Heritage Park.
Where is this mixed-use property located?
The property is located at 401 N Main St Taylor, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Historic building built around 1900; Downtown Taylor, TX location at the intersection of Main and 4th St (HWY 95 and HWY 79); Across the street from Heritage Park
