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Flex Commercial Building with Parking

801 E BROADWAY Gladewater, TX 75647

Claim this Listing
For Sale
$375,000

COMMERCIAL - Gladewater, TX

Property size:
2,400 SF
Lot size:
0.63 Acres
Price / SF:
$156/SF
Added:
Jul 15, 2025
Days on Market:
362
Last Refresh:
Jul 11 at 8:06 am

Property Features for 801 E BROADWAY

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Lot size
0.63 Acres

Building Details

Year built
2015
Building materials
Metal, Metal Siding, Wood
Roof type
Metal

Listing agent Dean Haws License #0601137

Listing office Coldwell Banker Lenhart-Gilmer 318 US Hwy 271 N, TX

Listing date Jul 15, 2025

MLS# 20254896

Copyright © 2026 Longview Area Association of Realtors. 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.

Situated at 801 E Broadway in Gladewater, this approximately 10-year-old commercial building offers a flexible layout designed to support a range of business uses. The property includes 2,400 square feet of heated and cooled space, with three bathrooms distributed throughout the building and a small kitchenette for day-to-day needs.

A large parking lot provides on-site space for employees and customers, supporting convenient arrivals and operations. With its adaptable floor plan and overall condition, the building is positioned as a practical option for buyers seeking space that can work for both office and retail style setups.

Set on approximately 0.63 acres, the property combines usable interior improvements with the exterior parking needed for everyday access.

Key Highlights

  • Commercial building built in 2015 with metal roof
  • 2,400 sq. ft. of heated and cooled space
  • Flexible layout with three bathrooms throughout the building

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $49.2k $20.52
− Vacancy −$2.8k −$1.17
EGI $46.4k $19.35
− OpEx −$13.9k −$5.81
NOI $32.5k $13.55
2,400 SF · lease $20.52/SF/yr · vacancy 5.70% · expense 30.00%

Alternative Uses

Best Use
Office B
$573.5K
$501.8K – $669.1K (±1% cap)
NOI $40,145 @ 7.0% cap · market cap 10.71%
Second Best
Retail
$464.4K
$406.4K – $541.8K (±1% cap)
NOI $32,509 @ 7.0% cap · market cap 8.67%
Theoretical Best
Hotel Hospitality
$1.81M
$1.58M – $2.11M (±1% cap)
NOI $126,540 @ 7.0% cap · market cap 33.74%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Super Advantage Auto ... Car Dealership Steven Hays Car Dealership

Suggested Use

HVAC Service Parking Lot & Garage Kitchen & Bath Showroom Plumbing Service Furniture & Home Goods Skin Care Clinic (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Electrical Service Real Estate Agency

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Flex space - Heated and cooled building with three bathrooms, a kitchenette, and a large parking lot.
Where is this flex space located?
The property is located at 801 E BROADWAY Gladewater, TX.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Commercial building built in 2015 with metal roof; 2,400 sq. ft. of heated and cooled space; Flexible layout with three bathrooms throughout the building
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