1016 E California St - Medical FOR SALE


Gainesville, TX 76240
$1,450,000 USD
512-698-1719
1016 E California St, Gainesville, TX for Sale
$1,450,000 USD
Medical - FOR SALE
1/10
null | Request Cap Rate

1016 E California St
Gainesville, TX 76240


OVERVIEW

Thoughtfully transformed by Growth Properties, this one-of-a-kind property blends timeless architectural character with the performance, technology, and amenities expected from a modern Class-A office environment. Designed with flexibility in mind, the space offers a professional setting built to support a variety of business needs — combining historic charm, premium finishes, and modern functionality throughout. Located along one of Gainesville’s primary corridors and just blocks from the historic downtown square, 1016 E. California Street offers exceptional visibility, convenient access, and a rare opportunity to establish your business in one of the community’s most distinctive properties.This property is ideal for modern office spaces, medical or dental practices, law firms, real estate agencies, engineering firms, banks, administrative offices, and more. Experience a workspace that preserves historic character while delivering contemporary functionality. Highlights Originally built in 1896, recently converted to Class A Office Space 3885 SF in primary building (2080 SF downstairs, 1805 SF upstairs) 660 SF Luxury Conference Room Modern Infrastructure: All new plumbing All new electrical wiring Brand new high-speed internet network Smart Security & Access: 8-camera Security System Monitor your office from anywhere with remote access to: Security System Computer Network All Door Locks All Lights All HVAC Units Irrigation System EV Charging Unit Garage Door Standby Generator Reliable Utilities: Standby backup generator, Inline mainline water filter New hot water heater Brand new central heat and air (two 5-ton units, in the main building and 2 minisplits in the conference room). Exterior Upgrades: New roof All new Hardiboard siding Brand new high-efficiency windows New parking lot Modern landscape design with scenic grounds and private patios. Office Layout (3,885 sq ft): Open floor plan Kitchen/breakroom downstairs Kitchenette upstairs 3 bathrooms 2 server rooms 1 utility room Custom build-to-suit options available. Detached Conference Room (660 sq ft): Brand new luxury space Sitting area Huddle room Foam insulation Dedicated HVAC High-speed internet. Beverage Center 75" 4K High Resolution Presentation Screen with Soundbar Eco-Friendly Additions: Tesla EV charger for sustainable commuting. Additional Amenities: Generous storage, private bathrooms, and a state-of-the-art setup tailored for productivity.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$319 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Loft/Creative Space

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.