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111 S Pine St 1,344 SF Retail Building Roanoke, TX 76262 $485,000 ($360.86/SF)

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INVESTMENT HIGHLIGHTS

  • 600 sq. ft. space above the detached garage, offering great income potential.
  • Located just one block from Oak Street in historic downtown
  • The garage includes an additional 15 x 7 space with a door to the backyard and patio
  • Hardwood Laminate and Travertine Tile Flooring
  • Situated in a mixed-use area, blending residential comfort with commercial potential, perfect for businesses or residential use.
  • 19x11 storage building in the backyard, enhanced with a mini-split system and insulation

EXECUTIVE SUMMARY

Built by Byron Nelson, this exceptional home is nestled on a corner lot just one block from Oak Street in historic downtown Roanoke, seamlessly combining modern amenities with a touch of historical charm. The residence features 2 bedrooms and 2 bathrooms, ensuring ample space and privacy. The interior showcases laminate hardwood and travertine flooring throughout, complemented by 6-inch baseboards and elegant crown molding. The heart of the home is the kitchen, equipped with SS appliances, granite countertops, and storage built-ins. The primary suite includes an ensuite bath featuring a walk-in shower, and the secondary bath is adorned with a clawfoot tub. Additional features include a 600 sq. ft. space above the detached garage, offering tremendous income potential and versatility as a second primary suite, an office, or an efficiency unit. This area is fully decked and ready for drywall. The oversized two-car garage includes a 15 x 7 extra area with a door leading to the backyard and patio, perfect for additional storage needs. The backyard features a 19x11 storage building and is enhanced with a mini-split system and insulation. Located in a mixed-use area, this property perfectly blends residential comfort with commercial potential!

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Retail
Building Size
1,344 SF
Building Class
C
Year Built
1959
Price
$485,000
Price Per SF
$360.86
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.17 AC
Zoning
Commercial
Frontage
75’ on Pine St

NEARBY MAJOR RETAILERS

Dutch Bros
The Little Gym
Palio’s Pizza Café
Fuzzy's Taco Shop
Prosperity Bank
Salad and Go
ATA Martial Arts
CrossFit
Starbucks
Charles Schwab

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R71532
Land Assessment
$262,536
Improvements Assessment
$229,571
Total Assessment
$492,107
  • Listing ID: 34923032

  • Date on Market: 2/24/2025

  • Last Updated:

  • Address: 111 S Pine St, Roanoke, TX 76262

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