This exceptional Class A commercial property, located at 106 E Elm St, Tyler, TX 75702, offers 9,200 square feet of versatile retail space in the heart of downtown. Situated on a 0.249-acre lot at the corner of Broadway and Elm, this 110,000 square-foot building, constructed in 1950 and extensively renovated in 2022, boasts two suites, with a minimum divisible space of 3,000 square feet and a maximum contiguous space of 9,200 square feet. The space is currently vacant and features a 14' 10" ceiling height, primed drywall, electrical outlets, dedicated water lines, suspended air handler units, LED lighting, and an existing concrete slab. The property is zoned DBAC (Commercial/Residential Mix) in Smith County and includes convenient garage and street parking. A tenant improvement allowance of $20 per square foot is available to help customize the space. The location benefits from proximity to new residential developments, the medical district, a proposed courthouse, and a parking garage, making it ideal for a restaurant, bar, boutique grocery store, or other retail businesses. The property is expected to be delivered in warm shell condition in Q1 2024. Annual property taxes are $3 per square foot.
Highlights
100+ Apartment Units Above Retail Space
Warm shell delivery; contact broker for details
$20/SF tenant improvement allowance offered
Excellent location near residential, medical facilities, the proposed Smith County Courthouse, and established retail
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Contacts
Samuel Scarborough, CCIM
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106 Elm St, Tyler, Texas, 75702
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106 Elm St
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