Retail

Groesbeck, TX Retail Space for Sale

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Freestanding Multi-Tenant Retail Building
Updated: Jun 2
Freestanding Multi-Tenant Retail Building

102 N Ellis, Groesbeck, TX 76642

$240,000
3,962 sqft
Freestanding commercial building for sale in downtown Groesbeck
Year built 1986
Currently has 2 tenants in place: Subway and a dog groomer; a 3rd space is available for lease
Tenants pay all utilities
Central air and electric cooling; heating includes 3
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Freestanding Commercial Building in Groesbeck
Updated: Mar 27, 2024
Freestanding Commercial Building in Groesbeck

102 N Ellis St, Groesbeck, TX 76642

Contact for pricing
Freestanding corner building on Hwy 14.
Investment opportunity with potential for 2‑3 tenants.
Located near other commerce and Limestone County Courthouse.
Current tenant is Subway restaurant.
Includes two vacant office spaces with multiple offices, conference rooms, and bathrooms.
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Groesbeck, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multi-Use Commercial Building
Multi-Use Commercial Building

1016 E Commerce Street, Fairfield, TX 75840

$180,000
1,646 sqft

Multi-room building with individual exterior access and road frontage off Route 84 near Fairfield.

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Storefront Property with Metal Roof
Storefront Property with Metal Roof

815 S Fairway Street, Fairfield, TX 75840

$55,000
0.26 AC lot

Storefront building on a mostly level lot with a metal roof installed around 2022 and public water and sewer.

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Brick Storefront with Central Air
Brick Storefront with Central Air

518 S Mckinney Street, Mexia, TX 76667

$69,900
0.17 AC lot

Brick storefront with central heating and central air, public sewer, and assigned parking in Mexia, TX.

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Former Floral Shop Retail Space
Former Floral Shop Retail Space

518 S McKinney Street, Mexia, TX 76667

$79,900

Former floral shop retail space offering flexible use for a new storefront concept in Mexia, Texas.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

PUD-Zoned Commercial Land with Frontage
PUD-Zoned Commercial Land with Frontage

3229 State Road 207, Elkton, FL 32033

$1,599,000
2.07 AC lot

2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

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Groesbeck, TX Retail Space Market Trends and Statistics

Explore 2 retail space for sale in Groesbeck, TX on our real estate platform. These investment opportunities span a total of 3,962 square feet of properties for sale, with an estimated market value of $240,000.

Sale prices for retail space in Groesbeck, TX average $240,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Automotive properties 3
Car washes 3
Self service car washes 3
Storefront properties 2

Demographics Overview

Population 6,226
Population Growth (5Y) -7.8%
Median Household Income $60,186
College Educated 23.4%

High-Yield Neighborhoods for Investment

Identify Groesbeck submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
76642 $240K

Taxes & Financing

Tax Rate (average for all types) 2.31%
Property Tax per SF $35.55 per SF
Tax Rate vs County Average 0.07 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Limestone County

New Delisted

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