504 Commerce St Palacios, TX 77465

Property Details for 504 Commerce St

Year built

1961

Lot size

0.21 lot acres

Property size

4,170 SF

Property type

Commercial real estate

APN

42433

APU

42433

Description

This exceptional 3,750-square-foot single-tenant building, constructed in 1961, presents a unique investment opportunity in Palacios, Texas. The property boasts a 9,000-square-foot lot and features a 10-foot ceiling height in its spacious interior. The layout includes an entry lobby leading to a large 60' x 50' clear-span area, perfect for various uses. Additional features include office space, two bathrooms, and a storage room. The building's design allows for easy subdivision into two separate units, each with its own entrance. The property also offers significant potential for expansion, with the possibility of adding a second floor for live/work purposes. The building is conveniently located just one block from Tres Palacios Bay, offering stunning waterfront views and proximity to the town's amenities. Palacios is a charming coastal town known for its commercial fishing fleet, bay shore park with a seawall and wide sidewalks, marina, fishing jetties, pavilion, and pier. The seller is offering an allowance for a new roof and soffit, while the lessee is responsible for mechanical, electrical, and plumbing (MEP) systems and interior finish-out. The property includes one loading dock and ample parking with ten spaces. The building is served by 240/3-phase power. This versatile property is ideal for a variety of businesses seeking a unique and well-located space in a picturesque Texas coastal town. The address is 504 Commerce St, Palacios, TX 77465, near the cross street of Fifth St.

Location Insight

City

Palacios

County

Matagorda

State

Texas

Longitude

-96.2173

Latitude

28.7007

CBSA code

13060

CBSA name

BAY CITY, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments