3005 Commerce St Dallas, TX 75226-1627
This exceptional Class A mixed-use property, located in the heart of Dallas' vibrant Deep Ellum neighborhood at 3005 Commerce St, offers 8,500 square feet of versatile space across two buildings on a 13,189 sq ft lot. Built in 1946 and extensively renovated in 2020, this property boasts a unique architectural style, blending modern design elements with a tranquil Japanese-style garden. The property's flexible zoning (PD 269) allows for a variety of uses, including bar, executive office, and restaurant, reflecting its past use as an art gallery, event venue, creative office, and private residence. The main entrance on Main Street leads through the serene garden, creating a sophisticated and inviting atmosphere. The property's minimal and sculptural design, incorporating glass, steel, wood, and concrete, provides a light and airy feel. With its prime location, modern amenities, and flexible zoning, this property presents a rare opportunity for a discerning investor or user seeking a high-end, versatile space in one of Dallas' most sought-after neighborhoods. The property is currently vacant, providing immediate occupancy for the new owner. The asking price is $4,950,000.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Z239 · Dallas, TXDallas. Always verify with local authorities before improvements.
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.