Retail With Warehouse and
407 E Tyler St Athens, TX 75751
407 E Tyler St, Athens, TX, 75751
$389,000
For Sale
$389,000
COMMERCIAL - Athens, TX
Property Size6,720 SF
Price / SF$57.89
Days on Market662
Property Features for 407 E Tyler St
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 3340.0009.002C.01
- Size
- 6,720 SF
Taxes and HOA fees
- Tax Description
- AB 782 T Parmer Sur, Large L OTS BLK p, LT 2C
Building Details
- Year built
- 1977
Listing Agency
Echols Real Estate Associates
(903) 675-7575
901 East Tyler Street, ATHENS, TX
Listed by
Jason Echols · License #0428648
(903) 681-4429
Added: Sep 25, 2024 Checked: Jul 18 at 11:06 am
MLS# 107717
Copyright © 2026 Henderson County Board of REALTORS®. 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.
This well-established retail property is currently configured for a floral shop and party store. The building includes approximately 6,720 square feet total, with about 5,500 square feet heated and cooled and an additional 1,200+ square feet of warehouse space. Interior features include lots of storage and work areas, along with multiple private offices that can support different layouts. All fixtures are negotiable with the sale.
Located on E. Tyler St., the property is close to downtown Athens and positioned between the post office and Bacon Auto Ranch.
With both retail-ready areas and warehouse space, the layout is designed to support customers and back-of-house operations under one roof.
Located on E. Tyler St., the property is close to downtown Athens and positioned between the post office and Bacon Auto Ranch.
With both retail-ready areas and warehouse space, the layout is designed to support customers and back-of-house operations under one roof.
Key Highlights
- Excellent, well‑established retail location in Athens on E. Tyler St.
- Close proximity to downtown, post office, and Bacon Auto Ranch.
- Large space: 6,720 sf total, including 5,500 sf heated/cooled retail space.
Local Financial Insights For Industrial
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 | $54.8k | $8.16 |
| − Vacancy | −$5.0k | −$0.74 |
| EGI | $49.8k | $7.42 |
| − OpEx | −$15.0k | −$2.23 |
| NOI | $34.9k | $5.19 |
6,720 SF · lease $8.16/SF/yr · vacancy 9.10% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.32M
$1.15M – $1.54M
NOI $92,194 @ 7.0% cap · market cap 23.70%
Second Best
Flex RnD
$1.01M
$884.5K – $1.18M
NOI $70,762 @ 7.0% cap · market cap 18.19%
Theoretical Best
Office A
$2.36M
$2.07M – $2.76M
NOI $165,473 @ 7.0% cap · market cap 42.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Always in Bloom
(Bike/Boat/Book/etc) Store
KC Party Supply ...
Party Supply Store
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Well-established retail property configured for a floral shop and party store, with heated/cooled space, warehouse, offices, and storage.
Where is this flex space located?
The property is located at 407 E Tyler St Athens, TX.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Excellent, well‑established retail location in Athens on E. Tyler St.; Close proximity to downtown, post office, and Bacon Auto Ranch.; **Large space: 6,720 sf total, including 5,500 sf heated/cooled retail space.**
