207 Olive St Smithville, TX 78957
This vacant 1,110 square foot retail space, located at 207 Olive St in Smithville, Texas (78957), is available for $280,000. Situated on a 0.036-acre lot in the heart of downtown, this beautifully restored building offers a versatile layout perfect for a variety of businesses. Recent updates include new flooring and lighting, creating an inviting atmosphere. The space features a spacious main area ideal for retail displays or dining, and a full kitchen suitable for food service operations. A back workspace provides ample room for storage or preparation. The property's prime downtown location ensures high foot traffic and visibility within a vibrant community. This charming vintage building presents a unique opportunity for entrepreneurs seeking a well-located space to establish their business. The property is currently vacant and ready for immediate occupancy. The building's blend of historical charm and modern amenities makes it an exceptional opportunity for a variety of uses, including but not limited to restaurants, retail stores, art galleries, or small manufacturing businesses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.