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Investment Highlights

  • Fully leased mixed-use property in Roanoke’s historic entertainment district.
  • Approximately 9,452 SF across two buildings on 19,320 SF lot.
  • Exceptional visibility with walkable access to popular dining and retail destinations.
  • Income from eight diverse office and retail suites, plus a well-performing restaurant.
  • Zoned Oak Street Special District allowing for varied commercial applications.
  • Situated within a region experiencing strong population and income growth, with convenient proximity to Highway 377, SH 114, and I-35W.

Executive Summary

Historic Downtown Roanoke Mixed-Use Investment Opportunity
504 N Oak Street I Roanoke, Texas
Positioned in the heart of Roanoke's thriving Oak Street entertainment district, this exceptional mixed-use investment offers a rare opportunity to acquire a fully leased commercial property in one of North Texas' fastest-growing markets. The property consists of two well-maintained buildings totaling 9,452 square feet on approximately 19,320 square feet of land, featuring eight income-producing office and retail suites, including a well-established owner ­occupied restaurant.
Located within Roanoke's highly desirable Oak Street Zone, the property benefits from exceptional visibility, walkability, and convenient access to Highway 377, SH 114, and l-35W. Surrounded by popular restaurants, retail, and entertainment destinations, this location continues to attract businesses and visitors alike.
Investment highlights
Investment highlights include
• 100% occupied multi-tenant property
• Eight office and retail suites generating stable income
• Established restaurant occupying the freestanding building
• Approximately 9,452 SF across two buildings
• 19,320 SF commercial site
• Zoned Oak Street (OAK-sn allowing a variety of commercial uses
• Furniture, fixtures, and equipment included with the restaurant (excluding inventory, which is negotiable)
• Prime location in Roanoke's vibrant historic downtown district

Property Facts

Price $3,499,000
Price / SF $370.19 / SF
Cap Rate 7.54%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 9,452 SF
Total Land Area 0.88 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
504 N Oak St, Roanoke, TX 76262 Office 6,070 SF 1985 -
The Classic at Roanoke
504 N Oak St, Roanoke, TX 76262
Retail 3,382 SF 1985 -
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  • Listing ID: 41279466

  • Date on Market: 7/14/2026

  • Last Updated:

  • Address: Mixed-Use Investment Opportunity, Roanoke, TX

Contact the Sale Advisor

Mixed-Use Investment Opportunity

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