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Mixed-Use Commercial Property
New
For Sale
$420,000

706 N Perry Street, Palestine, TX 75801

CommercialSale, Palestine, TX

Property SizeContact for details
Lot Size0.70 Acres
Days on Market2

Property Features for 706 N Perry Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning description commercial
Parking features Parking Lot
Subdivision Original
Directions On Perry St between Murchinson and Poplar St
Standard status Active
APN R33784
Lot size 0.70 Acres

Taxes and HOA fees

Tax Description ORIGINAL BLOCK 2 LOT 5 & 6
Tax Annual Amount 4347
Legal Description ORIGINAL BLOCK 2 LOT 5 & 6

Utilities

Sewer type Public Sewer
Cooling system Wall Unit(s)
Water source Public

Building Details

Year built 1962
Floors in Building 1
Number of units 3
Flooring type Concrete, Carpet
Building materials Brick, WoodSiding
Roof type Composition
Listing Agency: Staples Commercial Group, LLC
Listed By: Ray Ver Hey · License #0498681
Added: Sep 17 Changed: Sep 18 Last Checked: Sep 18 at 7:06PM
MLS# 21389581

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 mixed-use commercial property in Palestine combines several established space configurations within a 1962 building. The property includes a 3,100-square-foot flower shop, a 5,016-square-foot Dish Satellite space, and a 1,700-square-foot church and second-hand shop area. Approximately 4,200 square feet of the Dish Satellite space is heated and air conditioned. The Dish Satellite area is occupied by the owner and seller and is expected to become vacant upon sale.

The property sits on 0.7 acres with an adjoining 0.33-acre tract that can support additional retail or warehouse construction or provide storage yard space. Site features include a parking lot, public water and sewer, brick and wood siding, composition roofing, carpet and concrete flooring, and wall-unit cooling.

Key Highlights

  • Three commercial spaces measuring 3,100 SF, 5,016 SF, and 1,700 SF
  • Approximately 4,200 SF of the Dish Satellite space is heated and air conditioned
  • 0.7‑acre property with adjoining 0.33‑acre tract

Property Analytics

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Current Use

Satellite Source, LLC Telecommunications Service Arabella's Floral Design (Bike/Boat/Book/etc) Store Appliance Parts & Service Big Box & Wholesale Store

Suggested Use

Top Pick Building Supply HVAC Service (Bike/Boat/Book/etc) Store Pharmacy Skin Care Clinic Carpet & Flooring Store

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

Location Intelligence

Trade Area within ½ mile

831
Businesses Nearby

Demographics for 75801, TX

16,859
Population
7,259
Households
2.3
Avg Household Size
39
Median Age
21%
College-Educated
91%
High-School Grad
188.6 sq mi
ZIP Area
89
Density / Sq Mi
$53,485
Median Household Income
$34,247
Median Earnings
$1,003
Median Rent
$163,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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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Frequently Asked Questions

What type of property is this?
Mixed-use property - Multi-tenant property with retail, service, and church uses.
Where is this mixed-use property located?
The property is located at 706 N Perry Street Palestine, TX.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Three commercial spaces measuring 3,100 SF, 5,016 SF, and 1,700 SF; Approximately 4,200 SF of the Dish Satellite space is heated and air conditioned; 0.7‑acre property with adjoining 0.33‑acre tract
More about this property
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