301 S Ellis Street Groesbeck, TX $ 425,000
301 S Ellis Street
$ 425,000
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301 S Ellis Street

Groesbeck, TX, 76642
$ 425,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,683

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Commercial Property for sale in Groesbeck, TX

for $425,000. This building was built in 1984 on a lot size of 0.1684.

Positioned on high-traffic Highway 14 (Ellis Street) directly across from the Limestone County Courthouse and just steps from the Hwy 164 and Hwy 14 intersection, this property offers exceptional visibility and accessibility for a wide range of commercial uses. The exterior received major upgrades in 2023, including a new metal roof and relocation of the AC units from the rooftop to ground level. Inside, the building features 2,821 sq ft with vaulted ceilings and abundant natural light from large windows spanning the front and two sides. The flexible layout includes a spacious side room ideal for meetings, events, or additional retail space; a kitchen; a generous prep and cleaning area; an office; walk-in refrigerator and freezer; restrooms; and more. With its versatile floor plan and prime location, this property is a blank slate ready for your business vision.

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Commercial Active

Price

$ 425,000

Property Type

Commercial

Taxes

$ 4,104

Style

Retail

Lot Size

0.1684

Year Built

1984

Town/City

Groesbeck

County/Region

Limestone

MLS | Web ID

21401530

Features
General
Heating Central
Cooling Central Air
Utilities City Sewer City Water Electricity Connected Natural Gas Available Sewer Available
Ceiling Height 8 to10 Feet 11 to 14 Feet
Possession Closing/Funding
Roof Metal
Year Built 1984
Business Type Restaurant
Business Name El Pancho Mexican Restaurant
Property Subtype Retail
Subdivision Name Alley Adjacent
Occupant Type Vacant
County Limestone
Property Type Commercial Sale
Construction Materials Brick Fiber Cement Stone Veneer
Year Built Details Preowned
Status Active
Directions Restaurant is located directly across from the Limestone County Courthouse on State Highway 14.
City Groesbeck
Floor Location Number 1
Standard Status Active
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Exterior
Waterfront 0
Lot Features Corner Lot
Lot Size Source Assessor
Parking Features Asphalt On Street
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Building Area Total 2821.00
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Interior
Flooring Ceramic Tile
Total Stories 1
Total Units 1
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Internal Only
Street Number 1 301
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* Excluded Features
List By
Tad Kirkendoll

Listing Agent

Realty Plus - Groesbeck

Broker

Affordability Calculator

$3,025
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,683
Monthly Property Taxes
$342
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
10/1/2026$425,000 Listed Price

Map


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301 S Ellis Street, Groesbeck, TX, 76642 is a Commercial Property for sale at $425,000 with a lot size of 0.1684. 301 S Ellis Street was built in 1984. The property's zip code is 76642 which is in Groesbeck, TX