111 Commerce St Gainesville, TX 76240-3911
Property Lookup
Property profile & analytics
111 Commerce St Gainesville, TX 76240-3911
- Office buildings
- 1,235 SF
- 0.04 lot acres
Property ID
US82-6288792
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Office buildings
Property Details for 111 Commerce St
- Lot size
- 0.04 lot acres
- Property size
- 1,235 SF
- Property type
- Office buildings
- APN
- 18940
- APU
- 18940
Description
This exceptional 5,288 square foot retail property, situated on a 0.06-acre lot at 111 & 113 N Commerce Street in the heart of Historic Downtown Gainesville, Texas, presents a unique investment opportunity. The meticulously renovated building boasts high-end finishes while preserving its historic character. The ground floor, currently leased as an event rental space, features an open floor plan perfect for various businesses. Amenities include exposed brick walls, designer lighting, two store rooms, a breakroom, a full kitchen, and a convenient back entrance with double doors ideal for deliveries. Additional, invaluable private parking is located at the rear of the building. The upper level, known as Loft Zaza, offers versatile space currently leased through February 2025. It can function as residential living, a business office, an Airbnb, or an event space. This level includes original hardwood floors, a striking 16-foot pecan wood island, GE Cafe appliances, an ice machine, a wine refrigerator, three Murphy beds, two bathrooms, a custom copper wall, and breathtaking downtown views. A remarkable plaza deck offers potential for expansion to accommodate large outdoor events. The property's prime location provides easy walkability to numerous eateries, boutiques, wineries, and a brewery, ensuring high visibility and foot traffic. This is a truly exceptional property offering a blend of historic charm and modern amenities in a thriving downtown setting. The asking price is $975,000.
Value Estimations
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Gainesville
- County
- Cooke
- State
- Texas
- Longitude
- -97.1464
- Latitude
- 33.6247
- CBSA code
- 23620
- CBSA name
- GAINESVILLE, TX MICROPOLITAN 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
$1,949
$13,300
$77,857
$91,157
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$13,300
$77,857
$91,157
