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Carthage Commercial Property on Main
For Sale
Contact for pricing
Pending

640 W Panola St, Carthage, TX 75633

Prime commercial property with high visibility and traffic exposure.

Property Size2,400 SF
Days on Market188

Property Features for 640 W Panola St

General Information

Standard status Pending
Size 2,400 SF
Property subtype Land, Mixed Use, Office, Retail, Special Purpose

Building Details

Buildings 2
Listing Agency: Scarborough Realty Group
Listed By: Alan Scarborough · License #TX 0584206
Source: Crexi
Added: Feb 4 Changed: Aug 8 Last Checked: Jul 24 at 2:30PM

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 Scarborough Realty Group

Investment Insights

Based on property information with market context.

This commercial property is located on the main strip in Carthage, offering visibility and high traffic exposure. Situated on a corner lot, the property features approximately 125 feet of frontage on West Panola Street and 171 feet of frontage on Pecan Street. The property includes two buildings: a primary building currently used as a restaurant and a secondary building previously operated as a detail shop. The building only is for sale, providing flexibility for owner-occupants or investors looking to repurpose the space. With its strategic location, strong traffic count, and corner frontage, this property presents an opportunity for retail, restaurant, office, or service-based businesses. The property size is 2400 square feet.

Key Highlights

  • Prime commercial location on the main strip in Carthage.
  • High visibility and traffic exposure due to corner lot.**
  • Significant frontage: 125 feet on West Panola Street and 171 feet on Pecan Street.

Property Analytics

Current Use

Get It Right ... Car Wash

Suggested Use

Top Pick Real Estate Agency Hair Salon Skin Care Clinic Parking Lot & Garage Grocery & Convenience Store Kitchen & Bath Showroom

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

218
Businesses Nearby
80k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 73% Home Improvements & Furnishings 17% Shops & Services 8% Apparel 2%
McDonald's Dining
15,724 visits/mo 0.1 miles
Whataburger Dining
14,514 visits/mo 0.5 miles
Tractor Supply Co. Home Improvements & Furnishings
10,283 visits/mo 0.4 miles
Chicken Express Dining
9,572 visits/mo 0.2 miles
Taco Bell Dining
9,228 visits/mo 0.2 miles

Demographics for 75633, TX

13,558
Population
6,399
Households
2.1
Avg Household Size
42
Median Age
20%
College-Educated
85%
High-School Grad
324.7 sq mi
ZIP Area
42
Density / Sq Mi
$63,960
Median Household Income
$42,327
Median Earnings
$774
Median Rent
$150,400
Median Home Value

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
Rey
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Similar Off Market Nearby

  • The Violet Shop 109 W Sabine St, Carthage, TX 75633

Frequently Asked Questions

What type of property is this?
Storefront property - Prime commercial property with high visibility and traffic exposure.
Where is this storefront property located?
The property is located at 640 W Panola St Carthage, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Prime commercial location on the main strip in Carthage.; High visibility and traffic exposure due to corner lot.**; Significant frontage: 125 feet on West Panola Street and 171 feet on Pecan Street.
(903) 263-8443 Call to check price and availability
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