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$350,000

Est. payment - /mo

2,391 Sqft Lot

New

116 Historic Town Square Lancaster, TX 75146

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Daniel Burke

homes@burkedfw.com +1(469) 305-0167

UPDATED:

02/23/2025 08:10 AM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Original Town Of Lancaster

MLS Listing ID 20851707

Total Fin. Sqft 2396

Year Built 1996

Lot Size 2,391 Sqft

Acres 0.0549

Lot Dimensions 46x90

Property Sub-Type Retail

Property Description

Agent is owner. This building was rebuilt after the tornado of 1994. Lease rates will be adjusted due to insurance going up 75%. 116 Historic Town Square is a wine tasting business and the back side is 104 S DAllas Ave is a barber shop for the past 30 years. The building was built in 1996 as a new building that retained part of the north wall.. In the past 3 years it has had a roof, new h ac on babershop with a roof top unit that works well. Due to unknow roof structure damage that section of the roof was rebuilt. In 2024 the north wall was resealed and stucco added to protect the damaged original bricks that had been an interior wall. The sewer line has been replaced inside the building and the sewer line on the outside replaced. The cap on the exterior walls has been replaced orrepaired, This is a solid brick building in good condition. Leases were in place prior to the revitlization of the square and adjustments need to be made. Owner is selling this building as well as the adjoining lot in preparation for retirement. Revitlizing of the square now makes this building value increase. REpairs over the past 24 months have exceeded $30K. Owner bought this building in 2019. Leases will be shown to potential buyer.

Location

State TX

County Dallas

Zoning Historic District retail, office, resturants

Direction Dallas and Main to enter the town square

Interior

Heating Central, Natural Gas

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Luxury Vinyl Plank

Heat Source Central, Natural Gas

Exterior

Utilities Available Cable Available, City Sewer, City Water, Curbs, Electricity Connected, Individual Gas Meter, Sidewalk

Roof Type Built-Up,Flat

Garage No

Building

Foundation Pillar/Post/Pier

Structure Type Brick

Others

Ownership Ellen Clark

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20851707

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Ellen Clark • Town Square Realty

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Daniel Burke

Team Leader | License ID: 0671405

+1(469) 305-0167