207 E Elm St Hillsboro, TX 76645

Property Details for 207 E Elm St

Year built

1945

Lot size

0.14 lot acres

Property size

15,000 SF

Property type

Lifestyle centers

Property subtype

Power centers

APN

134052

Description

This exceptional mixed-use property, located in historic downtown Hillsboro, Texas (76645), offers 15,000 square feet of versatile space across two stories. The building, constructed in 1945 and situated on a 0.139-acre lot, is zoned for CBD Commercial use. The main level, encompassing approximately 6,000 square feet, is ideal for retail, office, or event space. Upstairs, a 6,000 square-foot apartment provides ample living space, potentially divisible into multiple units. A 3,000 square-foot mezzanine overlooks the main level, offering additional space for offices or observation. The property includes a freight elevator for convenient inter-floor transport and features alley access for deliveries, along with open parking. Significant upgrades include a roof replacement in 2022, some new windows, four HVAC systems, and two electric meters. The asking price is $400,000, translating to $26.67 per square foot. The property is currently vacant, with an occupancy date of November 4, 2024. This presents a unique opportunity to acquire a live-work space or a strong investment property in a thriving downtown area. The property's features and location make it an attractive option for a variety of business and residential uses. The building's history and character combine with modern conveniences to create a truly unique offering. The property's APN is 134052.