1128 Main StCommerce, TX 75428

  • Commercial real estate
  • 1,656 SF
For Sale
$199,500 View listing

Property Details for 1128 Main St

Year built
1920
Construction
CONCRETE BLOCKS
Lot size
0.13 AC
Property size (Sq ft)
1,656 SF
Property type
Commercial real estate
APN
4380-0040-0160-31
APU
43800040016031

Description

This exceptional 6,946 square foot commercial building presents a unique investment opportunity in the heart of Commerce, Texas. Located at 1128 Main Street, this property sits on a 0.13-acre lot and is ideally positioned within a thriving downtown area. Surrounded by a diverse mix of established businesses, shops, and restaurants, this location offers excellent visibility and foot traffic. The building itself is brimming with historical character, providing a solid foundation for a variety of commercial uses. While requiring some renovation, this presents a blank canvas for creative entrepreneurs and investors. Envision transforming this space into a modern retail store, a vibrant restaurant, a charming cafГ©, or even a stylish office space. The property's size and central location offer significant potential for return on investment. The building's substantial square footage allows for flexible layouts and diverse business applications. This is a rare chance to acquire a piece of Commerce's rich history and contribute to its continued growth and vibrancy. The asking price is $189,500. Don't miss this opportunity to own a piece of downtown Commerce.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $417,436
    Hospitality
    $382,369
    Educational
    $318,126
    Medical
    $329,067
    Retail
    $494,863
1128 Main St, Commerce, Texas

Location Insight

City
Commerce
County
Hunt
State
Texas
Latitude
33.2509
Longitude
-95.8992
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
2022
$2,741
$18,660
$166,180
$184,840
-
$18,660
$166,180
$184,840

FAQs

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