2616 Commerce StDallas, TX 75226

  • Retail properties
  • 8,528 SF
For Sale

Property Details for 2616 Commerce St

Year built
1946
Construction
TILT-UP CONCRETE
Lot size
0.24 AC
Property size (Sq ft)
8,528 SF
Zone code
Z239
Property type
Retail properties
Property subtype
Strip malls
APN
103867000000
APU
103867000000

Description

This exceptional 15,869-square-foot mixed-use property, situated on a 0.24-acre lot in Dallas' vibrant Deep Ellum neighborhood, presents a unique investment opportunity. Built in 1946 and renovated in 2000, this three-story, one-building structure boasts a versatile floor plan currently operating as a successful event center. The property includes a substantial 4,984-square-foot rooftop deck offering stunning downtown views. Two income-producing billboards are also located on the site. The property benefits from on-site parking and is zoned PD-269. Its prime location offers easy access to the DART train system, numerous restaurants, shops, and live music venues. The surrounding area is experiencing significant growth, with nearby developments including the Epic and Stack projects, adding to the property's long-term value. The average household income within a one-mile radius exceeds $117,000. This property's flexible zoning allows for a variety of uses, including office, retail, event space, and live/work options, making it an ideal investment for owner-users or investors seeking a strong foothold in a rapidly developing area. The property is fee simple ownership.

2616 Commerce St, Dallas, Texas

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.7825
Longitude
-96.7853
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN 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
2023
$21,400
$461,250
$471,280
$932,530
-
$461,250
$471,280
$932,530

FAQs

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