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Property profile & analytics
OFF-MARKET
Specialty properties

117 Broadway Ave Tyler, TX 75702

15,000 SF Built 1949
Property ID
Property summary
AI-generated overview

This exceptional retail property, located at 117 S Broadway Ave in Tyler, Texas, presents a unique investment opportunity. The 15,000 square foot building, constructed in 1949, boasts a rich history and is situated in the heart of revitalized downtown Tyler. Currently, a single, sizable retail space of 9,439 square feet is available, offering significant potential for a variety of businesses. The property also includes a 4,629 square foot mezzanine area, providing additional space for storage, office functions, or creative expansion. The building is classified as both Retail and Special Purpose, reflecting its versatility and adaptability to diverse commercial needs. Located in Smith County, Texas, with a zip code of 75702, this property benefits from excellent visibility and accessibility within a thriving urban core. This is a chance to establish a presence in a dynamic and rapidly growing area, capitalizing on the renewed interest and investment in downtown Tyler's commercial landscape. The property's single-building structure simplifies management and offers a cohesive space for a large-scale tenant or the potential for subdivision into smaller units (subject to feasibility studies and local regulations). This is more than just a retail space

Property profile
Verified
Property type Specialty properties
Year built 1949
Total area 15,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Flippin Heirlooms East Texa Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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