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189 Elm St
Lewisville, TX 75057
Building 1 · Office Property For Sale


Investment Highlights
- ±3,274 SF fully leased commercial office building
- One block off of Main Street in historic
- Located at the corner of Elm St. and S. Charles
- Renovated with new Class IV roof, exterior paint and landscaping
- Near revitalized downtown living
- Rare Old Town Lewisville building with private parking
Executive Summary
Located in the heart of historical Old Town Lewisville offers a rare opportunity for both owner-users and investors to purchase an income-producing commercial building at 189 Elm Street, Building 1. Recent upgrades include a new Class IV roof, fresh exterior paint, and revitalized landscaping, enhancing both curb appeal and long-term durability. Ideally positioned at the corner of Elm Street and S. Charles, the property sits just one block off Main Street with exceptional walkability to downtown dining, retail, and the rapidly revitalizing residential district. Adding to its uniqueness in Old Town, the site includes private on-site parking, a valuable and increasingly limited amenity in the area. Combining character, modern improvements, and a premier location, this property stands out as a compelling option for businesses seeking a signature location or investors looking for a high-demand commercial asset.
****Option to purchase the ±2,319 SF adjacent building as a part of a portfolio sale.
****Option to purchase the ±2,319 SF adjacent building as a part of a portfolio sale.
Property Facts
Sale Type
Investment
Property Type
Building Size
3,274 SF
Building Class
C
Year Built/Renovated
1984/2026
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,274 SF
Building FAR
0.16
Lot Size
0.47 AC
Opportunity Zone
Yes
Parking
15 Spaces (4.58 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | R155085 | Improvements Assessment | $730,733 |
| Land Assessment | $319,347 | Total Assessment | $1,050,080 |
Property Taxes
Parcel Number
R155085
Land Assessment
$319,347
Improvements Assessment
$730,733
Total Assessment
$1,050,080
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