416 S Morgan Street
Granbury, TX, 76048 $ 450,000
Bedrooms-- Baths-- Monthly Estimate*
$ 2,771
for $450,000. This building was built in 1968 on a lot size of 0.241.
Corner Lot Office Near Hwy 377. Move-In Ready Medical-Professional Space in Granbury. Ideally located just minutes from the Granbury Square, this well-positioned commercial office property at the corner of Morgan and Elizabeth Streets offers exceptional visibility, accessibility, and functionality in one of Granbury’s most desirable business corridors. Situated on a prominent corner lot, the property is less than 1 minute from Hwy 377 and approximately 5 minutes from downtown, providing convenient access for clients while maintaining a quieter, professional setting just outside the main traffic flow. Currently operating as a therapy office, this move-in ready professional office features a flexible layout ideal for medical, counseling, real estate, legal, construction, or general business use. Interior highlights include a welcoming reception area with built-in desk and counter, four private offices, a dedicated sitting room or flex space, and a kitchenette with sink, counter space, and cabinetry. A storage room plus additional storage areas provide excellent operational efficiency. The property includes a handicap-accessible ramp and railing, supporting ADA-compliant access, along with two separate parking areas for clients and staff. Located near Lake Granbury Hospital and many other medical offices in a growing healthcare community, this property benefits from strong surrounding demand. This location is close to many Granbury highlights such as High School, close proximity to shopping, dining, and entertainment, along with Granbury’s year-round festivals, events, and tourism appeal. Recognized as one of the Best Historic Small Towns in America for multiple consecutive years, Granbury continues to experience steady growth. This high-visibility, well-located office is an excellent opportunity for owner-users or investors seeking a versatile commercial asset in a thriving market.
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FeaturesGeneralHeating Central
Cooling Ceiling Fan(s) Central Air
Utilities City Sewer City Water Overhead Utilities
Ceiling Height 8 to10 Feet
Possession Negotiable
Roof Composition
Exclusions Refrigerator and Microwave
Year Built 1968
Business Type Accounting Administrative and Support Advertising Employment Financial Gift Shop Hospitality Medical Photographer Professional Office Professional Service Real Estate Video
Property Subtype Office
Subdivision Name Lambert
Accessibility Features Accessible Approach with Ramp Accessible Bath - Half+Hall
Occupant Type Owner
County Hood
Property Type Commercial Sale
Construction Materials Brick
Year Built Details Preowned
Special Notes Aerial Photo
Status Active
Directions GPS
City Granbury
Standard Status Active
Listing Terms Cash Conventional
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ExteriorWaterfront 0
Lot Features Corner Lot Few Trees Landscaped
Lot Size Source Public Records
Parking Features No Garage On Site Open Outside Parking Lot Paved Private
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Building Area Total 1801.00
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InteriorFlooring Carpet Ceramic Tile Wood
Total Stories 1
Total Units 1
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $2,771
- Monthly Property Taxes
- $246
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyCommerical listings in Granbury, TX
Average List Price $1,473,292
Percent of Sale Price 227%
About Granbury, TX 10,299 Population
35% Since 2002
$ 57,446 Median Income
44.55 Median Age
20% Households with Children
Trends Information provided by ATTOM Data Solutions.
288163 Elementary School
288375 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/1/2026 | $450,000 | | Listed Price |