109 Lafayette StJefferson, TX 75657

  • Other commercial real estate
  • 8,800 SF
For Sale
$439,900 View listing

Property Details for 109 Lafayette St

Year built
1915
Property size (Sq ft)
8,800 SF
Property type
Other commercial real estate
APN
19187
APU
19187

Description

This exceptional 8,500 square foot commercial property, located at 109 W Lafayette in historic downtown Jefferson, Texas (zip code 75657), presents a unique investment opportunity. The building, formerly known as The City Drug building, boasts significant historical character and is situated on a sizable lot that includes convenient on-site parking – a rare find in a downtown setting. The ground floor, currently configured as office space or boutique space, offers versatile potential for various retail uses or even a restaurant conversion. The expansive layout provides ample room for customization to suit a wide range of business needs. Upstairs, the space requires renovation but retains charming original features, including numerous antique doors and beautiful wood trim. This area could be repurposed as additional office space or creatively transformed into loft-style living quarters. The property's prime location in the heart of Jefferson's historic district offers unparalleled visibility and access to the town's vibrant atmosphere and tourist traffic. This is a chance to own a piece of Jefferson's rich history and capitalize on the growing interest in this unique Texas town. The asking price is $439,900. The property is zoned for commercial use and includes a significant amount of land. Serious inquiries are encouraged.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,218,258
    Hospitality
    $2,031,912
    Educational
    $1,690,527
    Medical
    $1,748,667
    Retail
    $2,629,709
109 Lafayette St, Jefferson, Texas
Leaflet | © OpenStreetMap contributors

Location Insight

City
Jefferson
County
Marion
State
Texas
Latitude
32.7575
Longitude
-94.3457

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
$6,873
$58,250
$284,410
$342,660
-
$58,250
$284,410
$342,660

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