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1316 W Main St

1,158 SF Retail Building Waxahachie, TX 75165 $554,580 CAD ($479 CAD/SF)

Investment Highlights

  • Strategic Location: The property is located on a highly trafficked road with excellent exposure from both local customers and visitors
  • Development Ready: Zoned C-1, the property allows for flexible commercial use, including office spaces, retail, and service-based businesses.
  • Growing Economy: Waxahachie has experienced an annual population growth rate of 3.2%, with nearby developments in the North Grove and Downtown

Executive Summary

Marketing Description:
This 1,158 SF commercial property at 1316 W Main St, Waxahachie, offers a prime opportunity for retail or office development in a bustling commercial corridor. Situated on a 0.172-acre corner lot, this location benefits from excellent visibility and easy access to Waxahachie's growing downtown area. With its historic charm and modern potential, this property is perfect for small businesses, professional offices, or boutique retail shops.
Area Description:
Waxahachie has been experiencing significant growth in both residential and commercial developments, drawing attention from investors and business owners alike. Positioned 30 miles south of Dallas, this location benefits from its proximity to the larger metroplex while maintaining a unique small-town appeal. With a steady increase in population and infrastructure improvements, Waxahachie is becoming a hub for new commercial ventures.
Investment Highlights:
1. Strategic Location: The property is located on a highly trafficked road with excellent exposure from both local customers and visitors to Waxahachie's historic downtown. It is within walking distance of attractions like Getzendaner Park, enhancing foot traffic potential.
2. Growing Economy: Waxahachie has experienced an annual population growth rate of 3.2%, with nearby developments in the North Grove and Downtown Waxahachie areas driving further commercial interest.
3. Development Ready: Zoned C-1, the property allows for flexible commercial use, including office spaces, retail, and service-based businesses. Nearby businesses are thriving, making this an ideal spot for a new venture.
Notable Nearby Developments:
1. Downtown Waxahachie Revitalization: The ongoing revitalization of Waxahachie's historic downtown area is drawing both locals and tourists, making the area a hotspot for commercial activity. This property is well-positioned to benefit from the increased traffic to the downtown district.
2. Retail Growth: Waxahachie continues to attract new retail developments, supported by an increase in local and visitor traffic. Nearby commercial properties along W Main St have seen rising demand, signaling strong ROI potential.
Potential for Future Developments:
Waxahachie is seeing a surge in residential and commercial developments, driven by its strategic location near Dallas and the increasing need for local businesses to serve the expanding population. The C-1 zoning allows for flexible use, making this property a valuable asset for investors looking to build office spaces, retail establishments, or service-oriented businesses.
For investors and entrepreneurs looking for a property with both historic appeal and modern potential, 1316 W Main St represents a unique opportunity in a growing commercial market.
Contact us today to learn more or schedule a site visit!

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,158 SF
Building Class
C
Year Built
1932
Price
$554,580 CAD
Price Per SF
$479 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.23 AC
Zoning
Commercial - Allows for a variety of retail, office, and light commercial uses. This flexible zoning makes it ideal for businesses seeking high visibility.
Parking
10 Spaces (8.64 Spaces per 1,000 SF Leased)
Frontage
125 ft on Main St

Amenities

  • 24 Hour Access
  • Corner Lot
  • Security System
  • Signage
  • Signalized Intersection
  • Accent Lighting
  • Storage Space
  • Air Conditioning

Nearby Major Retailers

Krispy Krunchy Chicken
Fiesta Mart
ColorTyme
Prosperity Bank
Rent-A-Center
CrossFit

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
176704
Land Assessment
$288,767 CAD
Improvements Assessment
$0 CAD
Total Assessment
$288,767 CAD
  • Listing ID: 33118477

  • Date on Market: 2024-09-10

  • Last Updated:

  • Address: 1316 W Main St, Waxahachie, TX 75165

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