1016 E California Street Gainesville, TX $ 1,395,000
1016 E California Street
$ 1,395,000
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1016 E California Street

Gainesville, TX, 76240
$ 1,395,000
Bedrooms-- Baths-- Sq 4,545

Monthly Estimate*

$ 9,635

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Commercial Property for sale in Gainesville, TX

for $1,395,000. This 4,545 square foot building was built in 1896 on a lot size of 0.24.

Historic character. Modern infrastructure. A distinctive place to do business. Extensively renovated for professional office use, 1016 E California Street offers approximately 4,545 SF, comprising a 3,885-SF two-story main building and a separate 660-SF conference building. Located along a main Gainesville corridor near the historic downtown square, this property combines architectural presence with a flexible, turnkey setting. The main building features two large open workspaces, two private offices, a full downstairs kitchen, an upstairs kitchenette, three bathrooms, two stairwells, and two server rooms. The detached conference building provides dedicated meeting space with sitting and huddle areas, a beverage center, a 75-inch presentation screen with soundbar, and separate HVAC. Owner-reported improvements include new electrical wiring, plumbing, roof, fiber-cement siding, high-efficiency windows, parking lot, landscaping, and irrigation. New mechanical systems include two 5-ton HVAC units serving the main building, two conference-building mini-splits, a water heater, and an inline water filter. A standby generator, Tesla EV charger, high-speed network, eight-camera security system, and remotely managed building features add everyday convenience. Existing furnishings and equipment are included in the offering. Private patios and distinctive architectural details create an inviting setting for clients and staff. Consider the possibilities for legal, accounting, insurance, real estate, consulting, engineering, technology, or other professional services. C-2 zoning; buyer to verify square footage, permitted use, and any business-specific occupancy or improvement requirements.

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Commercial Active

Price

$ 1,395,000

Property Type

Commercial

Taxes

$ 8,501

Style

Office

Lot Size

0.24

Year Built

1896

Town/City

Gainesville

County/Region

Cooke

MLS | Web ID

21403163

Features
General
Heating Central Electric Heat Pump
Cooling Central Air Electric
Utilities All Weather Road Asphalt Cable Available City Sewer City Water Curbs Electricity Available Electricity Connected Individual Gas Meter Individual Water Meter Phone Available
Ceiling Height 8 to10 Feet
Possession Closing/Funding
Roof Composition
Year Built 1896
Business Type Accounting Administrative and Support Advertising Commercial Dental Financial Health Services Hospitality Medical Mixed Professional Office Professional Service Real Estate
Property Subtype Office
Subdivision Name Clements I
Accessibility Features Accessible Approach with Ramp
Occupant Type Vacant
County Cooke
Property Type Commercial Sale
Construction Materials Siding Wood
Year Built Details Preowned
Special Notes Historical
Status Active
Directions GPS: Enter 1016 E California Street Gainesville TX 76240. The property is located on East California Street east of downtown Gainesville. Look for the 4-by-6-foot real estate sign in front of the bui
City Gainesville
Standard Status Active
Listing Terms 1031 Exchange Cash Conventional
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Exterior
Waterfront 0
Lot Features Interior Lot Sprinkler System
Lot Size Source Assessor
Parking Features Concrete Driveway Lighted No Garage Off Site On Site Parking Lot Paved
Lot Size Less Than .5 Acre (not Zero)
Foundation Pillar/Post/Pier
Building Area Total 4545.00
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Interior
Flooring Hardwood Laminate Painted/Stained
Total Stories 2
Total Units 2
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Internal Only
Street Number 1 1016
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* Excluded Features
List By
Jasmine Jones

Listing Agent

Real Estate Shoppe Tx, Llc

Broker

Affordability Calculator

$10,343
Per Month
93%
7%
0%
Monthly Principal & Interest
$9,635
Monthly Property Taxes
$708
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
10/15/2026$1,395,000 Listed Price

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1016 E California Street, Gainesville, TX, 76240 is a Commercial Property for sale at $1,395,000 with 4,545 sqft and a lot size of 0.24. 1016 E California Street was built in 1896. The property's zip code is 76240 which is in Gainesville, TX