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    500 Main St Waxahachie, TX 75165

    Sponsored
    For Sale
    $735,000

    Prime Location, 2600 SF, $735,000

    Property size:
    2,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use property, located at 500 W Main St in the heart of downtown Waxahachie, Texas, presents a unique investment opportunity. Boasting 2,600 square feet of net rentable space spread across two stories, this building is zoned for commercial use and offers incredible versatility. Previously occupied as a medical office, storefront, and traditional office space, it's ideally suited for a variety of businesses. The asking price is $735,000, translating to $282.69 per square foot. The property benefits from its high-traffic location on Main Street, placing it within easy reach of downtown amenities and a substantial customer base. The previous tenant vacated on May 1st, making this a turnkey opportunity for immediate occupancy. The building's adaptability makes it suitable for a range of uses, from medical practices to retail establishments or traditional office spaces. Situated in Ellis County, Texas, with a zip code of 75165, this property offers a blend of prime location and functional space, making it an attractive investment in a thriving Texas community. The building's condition is ready for immediate occupancy by a new owner. This is a rare chance to acquire a well-situated commercial property in a desirable downtown location.

    Property Features for 500 Main St

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,600 SF

    Building Details

    Stories
    2

    HighLights

    • 2,600 SF mixed‑use building in downtown Waxahachie, TX.
    • Asking price: $735,000 ($282.69/SF).
    • Located on high‑traffic Main Street with immediate occupancy.
    • Zoned for commercial use, previously used as medical and office space.
    • Turnkey opportunity in a thriving Texas community (Zip code 75165).
    Property Profile Location Intelligence

    Current Use by Public Records

    D'Luxe Aesthetics & Wellness Medical Spa Skin Lab & Co. Health And Beauty Shop Traveling Soul Tours Travel Agency Revive Aesthetics & Wellness ... Medical Spa Southern Revival Marketplace Boutique

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Waxahachie
    County
    Ellis
    State
    Texas
    Longitude
    -96.851135359989
    Latitude
    32.387413917689

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    FAQs

    What type of property is this?
    Individual retail property - Prime Location, 2600 SF, $735,000
    Where is this individual retail property located?
    The property is located at 500 Main St Waxahachie, TX.
    What is the asking price?
    The asking price for this property is $735,000.
    What are key features of this property?
    This property features: 2,600 SF mixed-use building in downtown Waxahachie, TX.; Asking price: $735,000 ($282.69/SF).; Located on high-traffic Main Street with immediate occupancy.
    Request Owner's contact information
    500 Main St Waxahachie, TX 75165
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    500 Main St Waxahachie, TX 75165
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