115 Grand St Whitewright, TX 75491
This exceptional 2,375 square foot commercial property, located at 115 W Grand Street in Whitewright, Texas, presents a unique investment opportunity. Built in 1911 and fully restored, this historic building boasts old-world charm blended with modern updates. Situated less than a mile from Highway 69, this prime location offers excellent visibility and accessibility. The property features a large storefront with expansive windows, providing ample natural light and prominent advertising space. Inside, built-in cabinets and shelves offer versatile storage and display options, adaptable to various business needs. A significant feature is the rear living quarters, complete with a private entrance, gated yard, storage building, and a combined bath and laundry area, including a kitchenette. A striking metal staircase leads to an upstairs loft, perfect for private office space, additional retail area, or other uses. This property is ideal for an entrepreneur seeking a live-work space, an investor looking for a strong commercial rental, or a business owner wanting to create a unique and customized space. The possibilities are extensive in this thriving downtown Whitewright location, zip code 75491. The asking price is $185,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.