1907 W Oak Street Palestine, TX $ 350,000
1907 W Oak Street
$ 350,000
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1907 W Oak Street

Palestine, TX, 75801
$ 350,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,184

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Commercial Property for sale in Palestine, TX

for $350,000. This building was built in 1950 on a lot size of 0.41.

Prime Investment Opportunity – Established Restaurant & Versatile Commercial Space! This property is an ideal investment for entrepreneurs or investors seeking an income-producing asset. The property offers a rare opportunity for either owner-occupancy or use as a rental income generator. The front of the building features a warm and inviting atmosphere, with a spacious dining area perfect for guests to relax and enjoy. Palestine is a booming North- East Texas town with load of potential with 2025 Population of 19,907 people and this location has TX Dot Traffic Annual Count: 11,525. The fully-equipped commercial kitchen includes stainless steel appliances, ample prep space, ice machine, and storage — ready for immediate use. Whether you want to expand within the restaurant industry, convert it into an event venue, retail shop, or explore other hospitality concepts, this property is full of potential. With its prime location the opportunity is one you won’t want to miss this! Buyer to verify all information within and functionality of any equipment.

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Commercial Active

Price

$ 350,000

Property Type

Commercial

Taxes

$ 5,702

Style

Business

Lot Size

0.41

Year Built

1950

Town/City

Palestine

County/Region

Anderson

MLS | Web ID

20915906

Features
General
Heating Central Electric
Cooling Central Air Electric
Utilities City Sewer City Water
Ceiling Height 8 to10 Feet
Possession Closing/Funding
Roof Shingle
Year Built 1950
Business Type Deli/Catering Doughnut Fast Food Food & Beverage Health Food Ice Cream/Frozen Yogurt Pizza Restaurant
Property Subtype Business
Subdivision Name Joseph Jordan League
Occupant Type Vacant
County Anderson
Property Type Commercial Sale
Construction Materials Block Concrete
Year Built Details Preowned
Special Notes Aerial Photo
Status Active
Directions From Downtown Palestine TX: Head west on W Oak Street from the downtown area. Continue straight on W Oak Street for about 2 miles. 1907 W Oak St will be on your left just past the intersection wit
City Palestine
Standard Status Active
Listing Terms 1031 Exchange Cash Conventional
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Exterior
Lot Features Cleared Level
Lot Size Source Public Records
Parking Features Additional Parking Common Concrete Covered
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Building Area Total 1710.00
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Interior
Flooring Vinyl
Total Stories 1
Total Units 1
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Internal Only
Street Number 1 1907
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* Excluded Features
List By
Delanee Clark

Listing Agent

Re/Max Landmark

Broker

Affordability Calculator

$2,659
Per Month
82%
18%
0%
Monthly Principal & Interest
$2,184
Monthly Property Taxes
$475
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/17/2025$315,000 -10.00% Price Down
4/27/2025$350,000 Listed Price

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1907 W Oak Street, Palestine, TX, 75801 is a Commercial Property for sale at $350,000 with a lot size of 0.41. 1907 W Oak Street was built in 1950. The property's zip code is 75801 which is in Palestine, TX