500 Main StWaxahachie, TX 75165

  • Other commercial real estate
  • 2,610 SF
For Sale
$735,000 View listing

Property Details for 500 Main St

Year built
1879
Construction
WOOD
Lot size
0.51 AC
Property size (Sq ft)
2,610 SF
Property type
Other commercial real estate
APN
90.2002.075.003.03.112
APU
90200207500303112

Description

This exceptional mixed-use property, located at 500 W Main St in the heart of downtown Waxahachie, Texas, presents a unique investment opportunity. Boasting 2,600 square feet of net rentable space spread across two stories, this building is zoned for commercial use and offers incredible versatility. Previously occupied as a medical office, storefront, and traditional office space, it's ideally suited for a variety of businesses. The asking price is $735,000, translating to $282.69 per square foot. The property benefits from its high-traffic location on Main Street, placing it within easy reach of downtown amenities and a substantial customer base. The previous tenant vacated on May 1st, making this a turnkey opportunity for immediate occupancy. The building's adaptability makes it suitable for a range of uses, from medical practices to retail establishments or traditional office spaces. Situated in Ellis County, Texas, with a zip code of 75165, this property offers a blend of prime location and functional space, making it an attractive investment in a thriving Texas community. The building's condition is ready for immediate occupancy by a new owner. This is a rare chance to acquire a well-situated commercial property in a desirable downtown location.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $509,520
    Hospitality
    $466,717
    Educational
    $388,303
    Medical
    $401,658
    Retail
    $604,027
500 Main St, Waxahachie, Texas
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Location Insight

City
Waxahachie
County
Ellis
State
Texas
Latitude
32.3876
Longitude
-96.851
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
-
$404,673
$165,098
$569,771
-
$404,673
$165,098
$569,771

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