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Windham Building 523 Walnut St

3,740 SF Retail Building Columbus, TX 78934 $1,349,478 CAD ($361 CAD/SF)

Executive Summary

Prime Commercial Opportunity in Downtown Historical Columbus, Texas
Discover the perfect investment in the heart of the thriving alcohol corridor of downtown Columbus, Texas. This recently updated two-story commercial building offers not just one, but three income-earning opportunities under one roof.
Main Retail Space: Step into a versatile retail location that features multilevel seating, a loft area, and a stage—ideal for a variety of businesses, from a trendy café or restaurant to a boutique or entertainment venue. This space is designed for flexibility and ready to attract foot traffic from locals and visitors alike.
Two-Bedroom Apartment: Upstairs, a spacious two-bedroom, one-bath apartment with its own private entrance/exit awaits your finishing touches. Perfect for short-term rentals or a live-work arrangement, this apartment adds an additional revenue stream to the property.
400 Sq. Ft. Retail Space: The third income-producing area is a 400-square-foot retail space, perfect for a small business or as an office location, offering even more potential for ROI.
This property has been brought up to code, featuring new utilities, a fire sprinkler system, and separate meters for each rental space—ensuring smooth operations for both you and your tenants. Whether you're an investor looking for a high-return opportunity or a business owner seeking a prime downtown location, this historic gem in Columbus offers endless possibilities.
Don’t miss out on this unique chance to own a piece of downtown Columbus with fully occupied built-in income potential!

Property Facts

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Building Size
3,740 SF
Building Class
C
Year Built/Renovated
1942/2022
Price
$1,349,478 CAD
Price Per SF
$361 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.86
Lot Size
0.10 AC
Frontage
94 ft on Walnut Street

Nearby Major Retailers

Brookshire Brothers
Frost Bank
H-E-B

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10760
Land Assessment
$81,943 CAD
Improvements Assessment
$323,194 CAD
Total Assessment
$405,138 CAD
  • Listing ID: 33109383

  • Date on Market: 2024-09-09

  • Last Updated:

  • Address: 523 Walnut St, Columbus, TX 78934

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