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    Mixed-use properties

    412 Main St, Calvert, TX 77837

    9,001 SF 0.17 ac lot Built 1897
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Mixed-use properties
    Year built 1897
    Total area 9,001 SF
    Lot 0.17 ac (7,492 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
    • The Boutique on Main Clothing 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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