401 E Commerce St Mexia, TX 76667

Property Details for 401 E Commerce St

Lot size

0.07 lot acres

Property size

2,875 SF

Property type

Commercial real estate

APN

R18365

APU

R18365

Description

This exceptional 2,875 square foot commercial building presents a unique investment opportunity in the heart of Mexia, Texas. Situated on a 0.07-acre lot at the corner of Commerce and Paris Streets, this brick building boasts six fully functional office spaces, several currently occupied by tenants. Each office is equipped with individual electricity meters and split-unit heating and air conditioning systems, ensuring efficient utility management. The upper level offers framed-out, unfinished loft spaces, ripe for development into additional rentable units, significantly increasing the property's income potential. This presents a chance to add value through creative loft conversions. The building's prime downtown location provides easy access to Mexia's vibrant business district, including the post office, city hall, and a variety of local shops and restaurants. Its strategic position on US Highway 84, with convenient access to Interstates 45 and 35 (22 and 35 miles respectively), offers excellent connectivity to the wider region. Mexia's advantageous location, approximately 90 miles south of the Dallas-Fort Worth metroplex, benefits from the high traffic volume of US Highway 84, exceeding 57,000 vehicles daily, according to the Mexia Economic Development Corporation. This translates to high visibility and potential for increased business exposure. The property is offered at $250,000, representing a compelling investment in a thriving Texas community.