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Downtown Retail Space

706 E California Street, Gainesville, TX 76240

For Lease
New
$995/Mo

CommercialLease, Gainesville, TX

Space Size750 SF
Lot Size0.03 Acres
Days on Market2

Property Features for 706 E California Street

General Information

Property type Commercial Lease
Property subtype Retail
Zoning description CITY
Subdivision Lindsay Add
Directions From Dallas take I 35 N, continue for 40 miles and take exit 497 for California St.
Standard status Active
APN 10993
Size 750 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Description LINDSAY ADDN; BLOCK 18; LOT 1 PT OF; 15'X100'
Legal Description LINDSAY ADDN; BLOCK 18; LOT 1 PT OF; 15'X100'

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Central, Electric (Heating)
Cooling system Electric, Central Air, Gas (Cooling)
Water source Public

Building Details

Year built 1950
Floors in Building 1
Number of units 1
Flooring type Concrete
Building materials Concrete
Roof type Metal, Built-Up
Listing Agency: Parabran Realty Firm LLC
Listed By: Fabian Gregorio · License TX #0801208
Added: Nov 11 Last Checked: Nov 12 at 5:06PM
MLS# 21433596

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.

This retail space at 706 E California Street comprises approximately 750 square feet in a building constructed in 1950. Concrete is used for the construction and flooring, with central heating and air conditioning. The property has a metal and built-up roof, public water, and public sewer.

The site is in downtown Gainesville, along California Street. I-35 is approximately five minutes away, and the Cooke County Courthouse is about one minute from the property.

Key Highlights

  • Approximately 750 square feet of retail space
  • Located at 706 E California Street in downtown Gainesville
  • Approximately five minutes from I‑35 and one minute from the Cooke County Courthouse

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Kitchen & Bath Showroom Electrical Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Bakery

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
Highway access
NNN (Triple Net)
Lease Type
$2.39 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

975
Businesses Nearby
71k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 48% Dining 35% Shops & Services 16% Beauty & Spa 2%
Tom Thumb Groceries
33,741 visits/mo 0.4 miles
Jack in the Box Dining
14,974 visits/mo 0.3 miles
SONIC Drive In Dining
9,465 visits/mo 0.5 miles
Conoco Shops & Services
4,323 visits/mo 0.5 miles
Sunoco Shops & Services
3,422 visits/mo 0.4 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Retail space - A compact storefront on California Street offers a central Gainesville address and access to I-35.
Where is this retail space located?
The property is located at 706 E California Street Gainesville, TX.
What is the lease rate?
The lease rate is $995/Mo.
What are key features of this property?
This property features: Approximately 750 square feet of retail space; Located at 706 E California Street in downtown Gainesville; Approximately five minutes from I‑35 and one minute from the Cooke County Courthouse
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