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203 Main St 4,359 SF 100% Leased Retail Building Smithville, TX 78957 $600,000 ($137.65/SF)
Investment Highlights
- Prominent location in Smithville’s historic district with strong visibility along Main Street.
- Walkable access to local amenities with direct connectivity to Highway 71.
- Rear courtyard allows for private parking or outdoor activation space.
- Original architectural character, including long-leaf pine floors and punch-tin ceilings.
Executive Summary
Located in the heart of Smithville’s historic downtown, 203 Main Street is an exceptional opportunity for owner-users or investors seeking a distinctive mixed-use asset with rich architectural character. Built circa 1895, this two-story brick building previously hosted one of Smithville’s longest-standing businesses, the Ragsdale Jewelry Store. The property combines authentic period craftsmanship with recent upgrades, including a new membrane roof and repointed brickwork, preserving both charm and structural integrity.
Strategically positioned on Main Street with excellent walkability, this property offers convenient access to local dining, boutique retail, and community amenities while being minutes from Highway 71. This is a rare chance to secure a well-maintained historic building suited to a diversity of uses—including retail, office, or unique residential conversion.
Strategically positioned on Main Street with excellent walkability, this property offers convenient access to local dining, boutique retail, and community amenities while being minutes from Highway 71. This is a rare chance to secure a well-maintained historic building suited to a diversity of uses—including retail, office, or unique residential conversion.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,359 SF
Building Class
C
Year Built
1935
Price
$600,000
Price Per SF
$137.65
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.28
Lot Size
0.08 AC
Frontage
32’ on Main St
Moderately walkable
70/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 19577 | Improvements Assessment | $161,944 |
| Land Assessment | $32,983 | Total Assessment | $194,927 |
Property Taxes
Parcel Number
19577
Land Assessment
$32,983
Improvements Assessment
$161,944
Total Assessment
$194,927
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203 Main St
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