106 Elm StTyler, TX 75702

Property Details for 106 Elm St

Lot size

0.25 AC

Property type

Commercial real estate

APN

1-50000-0002-00-026010

APU

150000000200026010

Description

This exceptional Class A retail space, located at 106 E Elm St in Tyler, TX, 75702, offers 9,000 square feet divisible into two suites, each a minimum of 3,000 square feet and a maximum of 6,000 contiguous square feet. The property sits on a 0.249-acre lot and boasts a two-story building constructed in 1954 and extensively renovated in 2022. The building features convenient access to a parking garage across the street, as well as ample street parking. This is a unique opportunity to be part of the revitalization of Downtown Tyler, situated near 100+ new multifamily units, the Midtown Medical District, and a proposed new Smith County Courthouse. The space is ideally positioned to benefit from the thriving downtown retail market and high-density residential growth. Tenants will receive a $20 per square foot tenant improvement allowance. The property is zoned commercial (Smith County) and offers a warm shell delivery to the tenant. The anticipated availability date is Q1 2025.

• Alternative Use

  Use

  Valuation

  Residential

  $2,734,002

  Hospitality

  $2,504,332

  Educational

  $2,083,574

  Medical

  $2,155,232

  Retail

  $3,241,116

Location Insight

City

Tyler

County

Smith

State

Texas

Latitude

32.3498

Longitude

-95.3003

CBSA code

46340

CBSA name

TYLER, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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