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