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    323 N Commerce St Gainesville, TX 76240
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    Property profile & analytics

    323 N Commerce St, Gainesville, TX 76240

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    • Retail space
    • 1,750 SF
    • 0.08 lot acres
    Historic Downtown Gainesville Brick Building For Sale
    $265,000
    1,750 SF

    Historic Downtown Gainesville Brick Building

    1,750 sq ft building in a prime downtown location.

    323 N Commerce Street, Gainesville, TX 76240
    View Listing
    Property ID
    US82-6038696
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 323 N Commerce St

    Lot size
    0.08 lot acres
    Property type
    Retail space
    APN
    3143
    APU
    3143

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 6, 2026 $305,900 Haus Exchange Reserve LLC Shields Thomas Deed $230k
    Sep 22, 2014 — Thomas L Shields Kimberly Patterson Ferguson Venders Lien $112k · Ameristate Bank

    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.


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    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

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $1,816
    $10,500
    $80,225
    $90,725
    -
    $10,500
    $80,225
    $90,725
    View Listing
    More about this property
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