Property summary
This stunning 9,001 square foot mixed-use property in Calvert, Texas, is a unique investment opportunity. Originally built in 1897 and extensively renovated in 2022, this two-story building boasts a rich history as a Masonic Hall. The upper level features beautifully renovated Victorian-style living quarters complete with new fixtures. The original ballroom remains intact, showcasing original flooring and a tray ceiling. The ground floor offers two large potential lease spaces, one equipped with a commercial kitchen. The property sits on a 0.172-acre lot and includes a covered BBQ pavilion. Located on Main Street, it benefits from high daily traffic (20,000+ vehicles) and proximity to the downtown Farmers Market and the Historic District, while not being subject to its restrictions. Its location between Bryan/College Station and Waco, near Texas A&M and Baylor Universities, and approximately 20 minutes from the Magnolia Market at the Silos, offers exceptional potential. All mechanical systems (HVAC, electrical, septic) have been recently updated. Ample parking is available. The property is currently vacant, presenting a blank canvas for a variety of uses. Zoned commercial, this property offers limitless potential for a savvy investor. Asking price is $649,000 ($72.10/sq ft).
Property profile
VerifiedCap rate & NOI
Current use
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Clothing Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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