Downtown Mexia Commercial
For Sale
Contact for pricing
401 E Commerce St, Mexia, TX 76667
Commercial building with office space and future loft potential.
Property SizeContact for details
Days on Market828
Property Features for 401 E Commerce St
General Information
Standard status
Active
Property subtype
Office
Building Details
Year Built
1950
Listing Agency:
heritage real estate
(214) 453-1850
Listed By:
Mitzi Eves · License #0485908
Source:
Crexi
Added: May 8, 2024
Changed: Aug 8
Last Checked: Aug 12 at 9:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of heritage real estate
Investment Insights
Based on property information with market context.
Located in downtown Mexia at the corner of Commerce and Paris, this brick building features six completed office spaces, several of which are currently occupied by tenants. Each office space is equipped with electricity and a split unit for climate control. The upstairs area contains framed but unfinished loft spaces, presenting an opportunity for development into rentable lofts to generate additional income. The property's location in downtown Mexia provides convenient access to other businesses, shopping, the post office, city hall, and Milam restaurants and shopping. Mexia is situated on US Highway 84, approximately 90 miles south of the Dallas Fort Worth metro area. US 84 connects the two primary north-south interstates in Texas, with Interstate 45 located 22 miles away and Interstate 35 located 35 miles away. According to Mexia EDC, the highway that brings traffic through Mexia has a traffic count of over 57,000.
Key Highlights
- Prime downtown location at the corner of Commerce and Paris, offering accessibility to businesses, shopping, and city services.
- Six completed office spaces, some with existing tenants, providing immediate rental income potential.
- Unfinished upstairs loft spaces offer the opportunity to create additional rentable units and maximize income.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
217
Businesses Nearby
Explore this area
Business Placement
Demographics for 76667, TX
10,801
Population
4,734
Households
2.3
Avg Household Size
40
Median Age
15%
College-Educated
85%
High-School Grad
153.1 sq mi
ZIP Area
71
Density / Sq Mi
$50,396
Median Household Income
$33,211
Median Earnings
$832
Median Rent
$119,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Commercial building with office space and future loft potential.
Where is this office building located?
The property is located at 401 E Commerce St Mexia, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Prime downtown location at the corner of Commerce and Paris, offering accessibility to businesses, shopping, and city services.; Six completed office spaces, some with existing tenants, providing immediate rental income potential.; Unfinished upstairs loft spaces offer the opportunity to create additional rentable units and maximize income.
