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Mixed-Use Commercial Property
For Sale
$2,249,000

700 W Highway 82, Gainesville, TX 76240

CommercialSale, Gainesville, TX

Property SizeContact for details
Lot Size1.01 Acres
Days on Market50

Property Features for 700 W Highway 82

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Parking features Driveway, Parking Lot, Oversize, On Street
Security features Security
Subdivision Montgomery Add
Directions From I-35 N and Hwy 82 in Gainesville go East on Hwy 82 (by Quick Trip) and the property is on the right at the next red light.
Standard status Active
APN 13077, 791, 5758
Lot size 1.01 Acres

Taxes and HOA fees

Tax Description MONTGOMERY ADDN; BLOCK 44; APPR. 1.01 ACRES
Legal Description MONTGOMERY ADDN; BLOCK 44; APPR. 1.01 ACRES

Utilities

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

Building Details

Year built 1987
Floors in Building 1
Number of units 5
Flooring type Wood, Vinyl, Combination
Roof type Metal, Composition
Listing Agency: Prime Properties
Listed By: Natalie Graves · License #0638527
Added: Jul 18 Changed: Sep 4 Last Checked: Sep 5 at 7:06AM
MLS# 20829023

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 1.01-acre mixed-use commercial property combines an operating laundromat, three leased houses, an office building, a vacant lot, and a 30-foot advertising billboard. The laundromat is owner operated and currently occupies approximately half of its building, leaving the balance available for another business use. The property was built in 1987 and includes public water and public sewer service.

The site fronts four roads: Hwy 82, Culberson Street, Yates, and Mill Street. It is positioned near I-35 in Gainesville, with access from the surrounding main roads and intersections. Parking features include a parking lot, driveway, oversized parking, and on-street parking. The laundromat has operated at the property for over 35 years, while the remaining parcels are leased.

Key Highlights

  • 1.01‑acre mixed‑use commercial site in Gainesville, TX
  • Road frontage on Hwy 82, Culberson Street, Yates, and Mill Street
  • Operating laundromat with over 35 years of business history

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Spa & Massage Center Hair Salon Kitchen & Bath Showroom Law Firm Gym & Fitness 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

Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

238
Businesses Nearby

Demographics for 76240, TX

28,349
Population
12,412
Households
2.3
Avg Household Size
39
Median Age
24%
College-Educated
87%
High-School Grad
369.4 sq mi
ZIP Area
77
Density / Sq Mi
$67,056
Median Household Income
$40,167
Median Earnings
$1,105
Median Rent
$207,600
Median Home Value

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Multi-component commercial site with operating laundromat, leased residences, office space, and additional development area.
Where is this mixed-use property located?
The property is located at 700 W Highway 82 Gainesville, TX.
What is the asking price?
The asking price for this property is $2,249,000.
What are key features of this property?
This property features: 1.01‑acre mixed‑use commercial site in Gainesville, TX; Road frontage on Hwy 82, Culberson Street, Yates, and Mill Street; Operating laundromat with over 35 years of business history
More about this property
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