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109 W Main St 1,920 SF Retail Building Itasca, TX 76055 $109,000 ($56.77/SF)
Investment Highlights
- Off the Main Road
- REMODELED!
- 5 minutes from I-35
Executive Summary
Affordable & REMODELED building located in the central business area of Downtown Itasca. Adjoining open lot included with the sale could be used for additional parking or even a drive through! Building was formerly a Mexican Restaurant. So many uses could work such as offices, coffee shop, florist, barber shop or hair salon, restaurant, retail, etc. New 5 ton HVAC unit installed, new doors, electrical, drop ceiling, flooring and subflooring, window fronts replaced, and some plumbing updated. 2 identical private bathrooms and conference room! Seller is open to leasing! NOT located in a historic district.
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
1,920 SF
Building Class
C
Year Built
1950
Price
$109,000
Price Per SF
$56.77
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
Commercial - CBD
Parking
5 Spaces (2.6 Spaces per 1,000 SF Leased)
Frontage
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 103687 | Total Assessment | $10,810 (2025) |
| Land Assessment | $10,810 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
103687
Land Assessment
$10,810 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$10,810 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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109 W Main St
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