Gainesville, TX 76240,111 & 113 N Commerce Street
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Gainesville, TX 76240,111 & 113 N Commerce Street
Gainesville, TX 76240,111 & 113 N Commerce Street
Gainesville, TX 76240,111 & 113 N Commerce Street
Gainesville, TX 76240,111 & 113 N Commerce Street
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$ 975,000
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Price Dropped by $125K

111 & 113 N Commerce Street Gainesville, TX 76240

5,288 SqFt


UPDATED:

11/22/2024 06:11 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 5,288 sqft

Price per Sqft $184

Subdivision Orginal Donation Gv

MLS Listing ID 20730738

Total Fin. Sqft 5288

Year Built 1890

Annual Tax Amount $7,596

Lot Size 2,570 Sqft

Acres 0.059

Property Description

Located in the heart of Historic Downtown Gainesville w private parking access. This property boasts high end finishes throughout, while maintaining its historic structure w prime location. You have access to walk to eateries, boutiques, wineries & a brewery. Downstairs is currently rented & used as an event rental space. Features include an open floor plan, ideal for any business *exposed brick walls *designer lighting *2 store rooms *breakroom *office *full kitchen *back entrance w double doors for deliveries *& priceless additional parking in back. The upstairs is Loft Zaza & can be used either as living space, business, Airbnb, or event space & is currently rented thru Feb 2025. The property has been meticulously renovated & maintained w original hardwood floors *16ft pecan wood island *GE Cafe appliances *ice machine *wine refrigerator *3 murphy beds *2 bathrooms *custom copper wall *views overlooking downtown * & amazing plaza deck w possible expansion for large outdoor events.

Location

State TX

County Cooke

Zoning Commercial with Loft Overlay

Direction West Side of Downtown Gainesville's Courthouse Square - Exit California Street Going East Take A Right on Commerce and Property Will Be The Second From The End On The Right Directly Across The Street From The Courthouse

Interior

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Hardwood

Heat Source Central, Electric

Exterior

Utilities Available All Weather Road, City Sewer, City Water, Concrete, Curbs

Roof Type Other

Garage No

Building

Lot Description Interior Lot

Foundation Slab

Structure Type Brick

Others

Ownership Walker

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Historical


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Christy Johnson • TIERRA REAL ESTATE

Sommer Barlow

License ID: 0674285

+1(817) 932-0196

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111 & 113 N Commerce Street