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Property profile & analytics
OFF-MARKET
Commercial real estate

189 Broadway St Alba, TX 75410

5,476 SF 0.14 ac lot Built 1910
Property ID
Property summary
AI-generated overview

This exceptional 5,476 square foot commercial property, situated on a 0.14-acre lot at 189 Broadway in Alba, Texas, presents a unique investment opportunity. The building boasts a stunning renovation, offering two distinct areas ideal for diverse uses. One section features a captivating loft-style space with soaring, exposed-beam ceilings, charming brick walls, and a cozy gas fireplace. This area also includes a private back room complete with a full bathroom, a comfortable sitting area, a convenient utility room, ample closet space, and a private patio – perfect for a relaxing break or client meeting. The second section comprises four versatile rooms, well-suited for retail or office spaces, accompanied by a full bathroom and an unusually large hallway, originally designed as an art gallery. This adaptable layout allows for creative customization to suit various business needs. The building enjoys high visibility from US Highway 69, placing it in a prime location within the heart of downtown Alba, conveniently situated between Emory and Mineola, and offering easy access to the recreational amenities of Lake Fork. This property is a blank slate, ready for a discerning buyer to transform it into their dream business venture. The asking price is $399,900.

Property profile
Verified
Property type Commercial real estate
Year built 1910
Total area 5,476 SF
Lot 0.14 ac (6,098 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
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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