Listing Agency: Commercial Market Exchange Show Phone

Listed By: Martha Denham · License #0639927 Show Phone

Source: Moodyscre

Added: Feb 9, 2024 Changed: Aug 12 Last Checked: Sep 6 at 9:35AM

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Investment Insights

Based on property information with market context.

This 20,807 square foot building, constructed in 1968 and expanded in 1988, is located within Elgin's Highway Commercial District and has C1 zoning, offering a variety of potential uses. The property presents excellent redevelopment potential. Owner financing is available. Contact the City for possible development incentives.

Key Highlights

• Excellent redevelopment potential
• Located in Elgin's Highway Commercial District
• C1 zoning opens the property up to a variety of possible uses

Property Analytics

Property Profile

Current Use

Storefront properties

Suggested Use

Top Pick Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

619

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this storefront properties located? What is the asking price? Find similar properties What are key features of this property?

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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?

Storefront property - 20,807 SF retail building in Elgin's Highway Commercial District.

Where is this storefront property located?

The property is located at 605 Hwy 290 E Elgin, TX.

What are key features of this property?

This property features: Excellent redevelopment potential; Located in Elgin's Highway Commercial District; C1 zoning opens the property up to a variety of possible uses