1016 E California St - Medical FOR SALE


Gainesville, TX 76240
$1,395,000 USD
512-698-1719
1016 E California St, Gainesville, TX for Sale
$1,395,000 USD
Medical - FOR SALE
1/63
null | Request Cap Rate

1016 E California St
Gainesville, TX 76240


HIGHLIGHTS

  • Great Location - 2 Story Main Building with Detached Luxury Conference Room
  • Worry Free with all new Electrical, Plumbing, HVAC, Roof, Siding, Parking, Irrigation
  • Secure High-Speed Wireless Network
  • 8-Camera Security System
  • Never lose power with the brand new Standby Generator
  • Monitor and control the entire property remotely (Locks, Lights, Network, Security, HVAC, Irrigation, Tesla Charger, Garage Door, and Generator)

OVERVIEW

Rare Class A Adaptive Reuse Opportunity – Historic 1896 Landmark Fully Converted to Modern Office Give your business a distinctive home in the heart of Gainesville. 1016 E. California Street is a one-of-a-kind Class A office property that blends timeless architectural character with the performance and amenities of a fully modernized professional environment. Originally built in 1896 and thoughtfully transformed by Growth Properties, the property offers approximately 4,545 SF of high-quality space: 3,885 SF in the main building (2,080 SF downstairs / 1,805 SF upstairs) plus a detached 660 SF luxury conference facility. Every major system has been replaced or upgraded — new electrical, dual high-capacity HVAC, standby generator, enterprise-grade internet, full security system, Hardie siding, high-efficiency windows, and more. Located on a primary commercial corridor just blocks from Gainesville’s historic downtown square, the property delivers excellent visibility, convenient access, and immediate functionality. It is fully operational and available for occupancy, with remaining flexibility for custom build-to-suit needs. This is a rare chance to occupy (or acquire) a character-rich professional headquarters that cannot be replicated with new construction.

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/SF

$307 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1896

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,362 SF

ZONING

Commercial

APN/PARCEL ID

7136

ASK ABOUT THIS PROPERTY

Matthew McCoyGrowth PropertiesMore Info
512-698-1719

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Matthew McCoyGrowth PropertiesMore Info
512-698-1719

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.