Description
Step into a piece of Palmer's history at 118 N. Main Street, a unique commercial opportunity in the heart of historic downtown Palmer, Texas. Previously used as a bank, this well-maintained property offers approximately 1,360 square feet of commercial space plus an 800-square-foot, one-bedroom, one-bath apartment, creating exceptional flexibility for business owners, investors, or entrepreneurs looking for a space with character. Walk through the front door and you'll immediately appreciate the charm that can't be replicated in new construction. Whether you envision a boutique, coffee shop, law office, real estate office, salon, creative studio, gallery, financial services, wellness business, or another destination business, this space provides the kind of personality that customers remember. The attached apartment adds tremendous flexibility. Live where you work, create an income-producing rental, provide housing for an employee, or use the space as a private office or executive suite. Opportunities like this are becoming increasingly difficult to find. Located in the heart of downtown Palmer, you'll enjoy the charm of a small Texas town while benefiting from one of the fastest-growing regions in the state. Palmer is part of booming Ellis County, where continued residential and commercial growth is attracting new residents, businesses, and investment. With I-45 just minutes away, the property offers convenient access to Waxahachie, Ennis, Corsicana, Dallas, and the greater DFW Metroplex, making it an ideal location for businesses that value both visibility and accessibility. Historic commercial buildings with flexible mixed-use opportunities are rare-especially when they're well maintained and ready for their next chapter. This is an opportunity to own a piece of local history while investing in its future!
Details
| MLS # | 21328459 |
|---|---|
| Listing Type | For Sale |
| Style | Office |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 54 |
| Listing Provided By | Coldwell Banker Realty | Melissa McClain |
Features
| SQ Feet | 2,160 |
|---|---|
| Story(s) | 1 |
| Zoning | Commercial |
| Acreage | 0.06 |
Interior
| Cooling | Ceiling Fan(s), Central Air, Electric |
|---|---|
| Heating | Central, Natural Gas |
Exterior
| Roof | Flat |
|---|---|
| Construction Materials | Brick |
| Foundation Details | Slab |
| Lot Features | Corner Lot |
Parking
| Parking Features | On Street |
|---|
Utilities
| Utilities | City Sewer, City Water, Concrete, Sidewalk |
|---|
Taxes
| Tax Lot | 10 |
|---|---|
| Tax Block | 15 |
| Tax Legal Description | LOT 10 BLK 15 O T PALMER-REV 0.057 AC |
Area Information
| State | TX |
|---|---|
| County | Ellis |
| City | Palmer |
| Zip Code | 75152 |
| Area | Ellis |
| Community Name | O T Palmer Rev |
| Listing VS Median (in O T Palmer Rev) | |
Price: $240,000 low | high Med: $245,000 sqft: 2,160 low | high Med: 1,786 $ / sqft: $111 low | high Med: $144 On site: 54 low | high Med: 141.5 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Ellis |
| City | Palmer |
| Zip Code | 75152 |
| Area | Ellis |
| Community Name | O T Palmer Rev |
| Listing VS Median (in O T Palmer Rev) | |
Price: $240,000 low | high Med: $245,000 sqft: 2,160 low | high Med: 1,786 $ / sqft: $111 low | high Med: $144 On site: 54 low | high Med: 141.5 | |