323 N Commerce St Gainesville, TX 76240
- Retail space
- 1,750 SF
- 0.08 lot acres
Current Use by Public Records
- Retail space
Property Details for 323 N Commerce St
- Lot size
- 0.08 lot acres
- Property size
- 1,750 SF
- Property type
- Retail space
- APN
- 3143
- APU
- 3143
Description
This exceptional 1,750 square foot brick building presents a rare opportunity in historic downtown Gainesville, Texas. Situated on a 0.08-acre lot within the Commercial Area District, this property boasts a captivating blend of classic charm and modern enhancements. The interior features a beautifully preserved vintage tin ceiling, complemented by energy-efficient LED lighting upgrades. The flexible layout offers considerable adaptability, allowing for seamless customization to suit a wide range of business needs. The exterior maintains its character, adding to the overall appeal. This prime downtown location ensures high visibility and benefits from consistent foot traffic generated by local events and activities, creating an ideal environment for attracting customers. Beyond its immediate appeal, this property offers significant investment potential. The low maintenance costs and high demand for downtown space translate into strong rental income prospects, making it an attractive asset for investors seeking consistent cash flow. A recent survey is included, providing additional cost savings for the buyer. This versatile property represents a smart investment with lasting value, offering a unique combination of location, character, and modern functionality. The asking price is $278,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gainesville
- County
- Cooke
- State
- Texas
- Longitude
- -97.1465
- Latitude
- 33.6267
- CBSA code
- 23620
- CBSA name
- GAINESVILLE, TX MICROPOLITAN STATISTICAL AREA
