Historic Executive Office
4803 Broadway Street Addison, TX 75001
New
4803 Broadway Street, Addison, TX, 75001
$1,100,000
For Sale
$1,100,000
COMMERCIAL - Addison, TX
Property Size3,000 SF
Lot Size0.06 Acres
Price / SF$366.67
Days on Market1
Property Features for 4803 Broadway Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Open, Assigned, Garage, Driveway, On Street
- Security features
- Security
- Fireplace
- 1
- Standard status
- Active
- APN
- 10000909333000000
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Description
- ORIG TOWN ADDISON BLK A LT 5
- Tax Annual Amount
- 13136
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Fireplace(s)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1913
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Tile, Wood, Concrete, Carpet
- Building materials
- Brick
- Roof type
- Asphalt
Listing Agency
Sheetz Realty Advisors, LLC
(214) 668-4549
Dallas, TX
Listed by
Sebastian Sheetz
(214) 668-4549
Added: Jul 17 Checked: Jul 17 at 12:06 pm
MLS# 21332905
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.
This historic downtown office building was originally a former bank and includes a flexible layout with private offices, conference space, open work areas, and the original bank vault reconfigured as an executive lounge with a custom bar. The property is described as having a premium, high-end finish-out and also features an installed professional-grade golf simulator that may be negotiated with the sale.
The property is located at 4803 Broadway Street in Addison, TX 75001, in the downtown area, with convenient parking and walkability to Addison’s restaurants, retail, and entertainment.
For a user seeking a distinctive office environment, the current configuration supports both focused work areas and shared meeting and lounge space, with the vault conversion serving as a notable interior feature.
The property is located at 4803 Broadway Street in Addison, TX 75001, in the downtown area, with convenient parking and walkability to Addison’s restaurants, retail, and entertainment.
For a user seeking a distinctive office environment, the current configuration supports both focused work areas and shared meeting and lounge space, with the vault conversion serving as a notable interior feature.
Key Highlights
- Approximately 3,000 SF historic former bank building with brick construction, built in 1913
- Flexible layout with private offices, conference space, open work areas, and the original bank vault reworked as an executive lounge with a custom bar
- Includes a professional‑grade golf simulator (may be negotiated with the sale)
Local Financial Insights For Office B
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 | $75.6k | $25.20 |
| − Vacancy | −$18.9k | −$6.30 |
| EGI | $56.7k | $18.90 |
| − OpEx | −$14.2k | −$4.73 |
| NOI | $42.5k | $14.17 |
3,000 SF · lease $25.20/SF/yr · vacancy 25.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$607.5K
$531.6K – $708.8K
NOI $42,525 @ 7.0% cap · market cap 3.87%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$35.96M
$31.46M – $41.95M
NOI $2,517,196 @ 7.0% cap · market cap 228.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Historic former bank building offers private offices, conference space, open work areas, and an on-site executive lounge.
Where is this office building located?
The property is located at 4803 Broadway Street Addison, TX.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Approximately 3,000 SF historic former bank building with brick construction, built in 1913; Flexible layout with private offices, conference space, open work areas, and the original bank vault reworked as an executive lounge with a custom bar; Includes a professional‑grade golf simulator (may be negotiated with the sale)
