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Property profile & analytics
OFF-MARKET
Commercial real estate

202 Jefferson Ave Mount Pleasant, TX 75455

4,680 SF 0.05 ac lot Built 1947
Property ID
US83-2653380
Property summary
AI-generated overview

This exceptional investment property, located at 202 N Jefferson Ave in Mount Pleasant, Texas, offers 4,680 square feet of versatile commercial space and two separate apartments. The ground floor features a fully equipped commercial kitchen, ideal for a restaurant, retail store, or event venue. The ample space allows for a comfortable dining area and potential for additional revenue streams. Upstairs, two charming apartments, each with its own entrance, provide rental income potential or the option for conversion into office spaces or studios. Built in 1947, this property sits on a 0.05-acre lot and is priced at $795,000 ($169.87/sq ft). The building benefits from central electric heating and cooling. This unique combination of commercial and residential space presents a compelling opportunity for investors seeking a mixed-use property in a vibrant downtown location. The property's central location in Titus County, Texas, zip code 75455, offers excellent visibility and accessibility. This is a rare chance to acquire a well-established property with significant upside potential.

Property profile
Verified
Property type Commercial real estate
Year built 1947
Total area 4,680 SF
Lot 0.05 ac (2,178 SF)
UPID US83-2653380
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Manna Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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