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Downtown Mansfield Commercial Opportunity
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223 Depot St, Mansfield, TX 76063

Prime commercial property in historic downtown Mansfield, Texas.

Property Size3,000 SF
Price / SF$735.67
Days on Market782

Property Features for 223 Depot St

General Information

Standard status Active
Size 3,000 SF
Property subtype Land
Listing Agency: HomeLand Properties
Listed By: JC Hearn CCIM, ALC, RENE · License #TX 0725431
Source: Crexi
Added: Jul 19, 2024 Changed: Sep 4 Last Checked: Sep 7 at 2:34AM

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 HomeLand Properties

Investment Insights

Based on property information with market context.

Located just off Main Street in downtown Mansfield, Texas, this commercial property offers a development opportunity at the hard corner of Sycamore and Depot streets. The property includes a 3,000-square-foot building with an existing parking lot, and additional parking is available across Sycamore Street. The location benefits from high traffic, with 35,338 vehicles passing through the area daily. Available utilities include city water, telephone services, three-phase electricity, and natural gas. Zoned for commercial use, the property is suitable for restaurants, breweries, retail, and entertainment venues. The terrain is level to sloping, and the property features ample parking and outdoor seating. It is equipped with a state-of-the-art kitchen, making it suitable for restaurant operations. The property is located in the historic downtown Mansfield area, which dates back to the early 1800s. Mansfield's location in the Dallas-Fort Worth metroplex provides excellent accessibility. The city's economy, pro-business policies, population growth, and infrastructure investment make it attractive for commercial property investment.

Key Highlights

  • Prime downtown location in Mansfield, Texas, at the hard corner of Sycamore and Depot streets, just off Main Street.
  • High traffic volume of 35,338 vehicles daily.
  • 3,000 sq ft building with existing parking lot** and additional parking across Sycamore Street.

Property Analytics

Current Use

Restaurants

Suggested Use

Top Pick Dental Office Restaurant Building Supply Auto Parts Store Electrical Service Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

885
Businesses Nearby
25k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 68% Shops & Services 32%
SONIC Drive In Dining
14,440 visits/mo 0.3 miles
Dollar General Shops & Services
6,236 visits/mo 0.3 miles
Twisted Root Burger Co. Dining
2,303 visits/mo 0.3 miles
Conoco Shops & Services
1,780 visits/mo 0.2 miles

Demographics for 76063, TX

76,914
Population
28,105
Households
2.7
Avg Household Size
37
Median Age
42%
College-Educated
94%
High-School Grad
50.0 sq mi
ZIP Area
1,538
Density / Sq Mi
$113,177
Median Household Income
$56,480
Median Earnings
$1,762
Median Rent
$378,600
Median Home Value

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?
Restaurant - Prime commercial property in historic downtown Mansfield, Texas.
Where is this restaurant located?
The property is located at 223 Depot St Mansfield, TX.
What is the asking price?
The asking price for this property is $2,207,000.
What are key features of this property?
This property features: Prime downtown location in Mansfield, Texas, at the hard corner of Sycamore and Depot streets, just off Main Street.; High traffic volume of 35,338 vehicles daily.; 3,000 sq ft building with existing parking lot** and additional parking across Sycamore Street.
More about this property
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