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Historic Medical Office Building

700 Elm Street, Graham, TX 76450

For Sale
$399,000

CommercialSale, Graham, TX

Property Size9,757 SF
Lot Size0.22 Acres
Price / SF$40.89
Days on Market122

Property Features for 700 Elm Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Planned Development District #1
Parking features On Street
Fireplace 1
Subdivision ORIGINAL
Lot features Corner Lot, Interior Lot
Directions On the corner of Elm Street and 2nd Street in Graham TX. GPS coordinates are 33.10450 degrees N, 98.58988 degrees W. Listing agent sign is on the side of the building.
Standard status Active
APN 16756
Size 9,757 SF
Lot size 0.22 Acres

Additional Details

Corner Location Yes
Property Use Medical Office

Taxes and HOA fees

Tax Description ORIGINAL/GRAHAM - BLK 2, NORTH 100 FT OF LOTS
Tax Annual Amount 5126
Legal Description ORIGINAL/GRAHAM - BLK 2, NORTH 100 FT OF LOTS

Utilities

Sewer type Public Sewer
Heating system Fireplace(s), Central, Electric (Heating)
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 1917
Floors in Building 2
Number of units 1
Flooring type Concrete, Carpet, Tile
Building materials Concrete, Plaster, WoodSiding
Roof type Composition
Buildings 1
Listing Agency: Agape and Associates LLC
Listed By: Ruby Jernigan · License TX #0763653
Added: Jul 15 Changed: Nov 12 Last Checked: Nov 13 at 11:06AM
MLS# 21198436

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.

Rey
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Investment Insights

Based on property information with market context.

Built in 1917, this 9,757-square-foot property occupies a 0.218-acre parcel and has a brick exterior with classic columns. The interior includes a domed ceiling with original stained glass, a balcony overlooking the main hall, and a layout of private offices, meeting rooms, work areas, and administrative space. Its most recent use was as a healthcare and administrative facility. A replacement roof was installed in September 2026.

The building stands at the corner of Elm Street and 2nd Street on downtown Graham’s square. Restaurants, coffee shops, shops, professional offices, banks, and government offices are within walking distance. Graham Municipal Airport is 3 miles away; Lake Graham is 15 minutes away, and Possum Kingdom Lake is 30 minutes away.

Key Highlights

  • 9,757‑square‑foot building on a 0.218‑acre parcel
  • Constructed in 1917; roof replaced September 2026
  • Domed ceiling with original stained glass and balcony overlooking the main hall

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Young County Health ... Home Health Care Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Skin Care Clinic Gym & Fitness Center Bakery Furniture & Home Goods Garden Center

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

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

591
Businesses Nearby
Balanced
Demand for This Use

Demographics for 76450, TX

13,026
Population
6,238
Households
2.1
Avg Household Size
42
Median Age
25%
College-Educated
89%
High-School Grad
487.4 sq mi
ZIP Area
27
Density / Sq Mi
$67,076
Median Household Income
$40,242
Median Earnings
$957
Median Rent
$187,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Similar Off Market Nearby

  • Steele Mark E DVM — 126 Fawn Trail, Graham, TX 76450
  • Animal Health International Inc — 920 US-380, Graham, TX 76450

Frequently Asked Questions

What type of property is this?
Medical Office Space - A dramatic central hall with balcony space is complemented by private offices and meeting rooms.
Where is this medical office space located?
The property is located at 700 Elm Street Graham, TX.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 9,757‑square‑foot building on a 0.218‑acre parcel; Constructed in 1917; roof replaced September 2026; Domed ceiling with original stained glass and balcony overlooking the main hall
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