118 N Main Street, Palmer, Texas

$240,000

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2,160

Square feet

0.06

Acres

About 118 N Main Street

Step into a piece of Palmer's history at 118 N. Main Street, a unique commercial opportunity in the heart of historic downtown Palmer, Texas. Previously used as a bank, this well-maintained property offers approximately 1,360 square feet of commercial space plus an 800-square-foot, one-bedroom, one-bath apartment, creating exceptional flexibility for business owners, investors, or entrepreneurs looking for a space with character. Walk through the front door and you'll immediately appreciate the charm that can't be replicated in new construction. Whether you envision a boutique, coffee shop, law office, real estate office, salon, creative studio, gallery, financial services, wellness business, or another destination business, this space provides the kind of personality that customers remember. The attached apartment adds tremendous flexibility. Live where you work, create an income-producing rental, provide housing for an employee, or use the space as a private office or executive suite. Opportunities like this are becoming increasingly difficult to find. Located in the heart of downtown Palmer, you'll enjoy the charm of a small Texas town while benefiting from one of the fastest-growing regions in the state. Palmer is part of booming Ellis County, where continued residential and commercial growth is attracting new residents, businesses, and investment. With I-45 just minutes away, the property offers convenient access to Waxahachie, Ennis, Corsicana, Dallas, and the greater DFW Metroplex, making it an ideal location for businesses that value both visibility and accessibility. Historic commercial buildings with flexible mixed-use opportunities are rare—especially when they're well maintained and ready for their next chapter. This is an opportunity to own a piece of local history while investing in its future!

Features of 118 N Main Street

MLS® # 21328459
Price $240,000
Square Footage 2,160
Acres 0.06
Year Built 1900
Type Commercial Sale
Sub-Type Office
Status Active Under Contract

Community Information

Address 118 N Main Street
Subdivision O T Palmer-Rev
City Palmer
County Ellis
State Texas
Zip Code 75152-9538

Amenities

Utilities City Sewer, City Water, Concrete, Sidewalk
Garages On Street
Is Waterfront No
Pool On Property No

Interior

Heating Central, Natural Gas
Fireplace No
# of Stories 1
Stories 1

Exterior

Lot Features Corner Lot
Roof Flat
Construction Brick
Foundation Slab

Additional Information

Flooring Tile, Wood
Special Notes. Aerial Photo
$/LivSqFt $111
Building Sqft 2,160
# Units 2
Building Use Office
Commercial Features Office
Zoning Commercial
Short Sale No
RE / Bank Owned No

Listing Details

AgentMelissa Mcclain
OfficeColdwell Banker Realty
Contact Info972-351-5000

Listing Map

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