PRICE REDUCED: Historic Mixed-Use Property in Downtown Pilot Point, TX Live. Work. Thrive. | Now Offered at $1,195,000 Previously Listed at $1,325,000 — Now $277.91/sq ft Property Overview Take advantage of this rare opportunity to own a fully restored 1892 commercial building in the heart of historic downtown Pilot Point, just minutes from Lake Ray Roberts. This 4,300 sq ft mixed-use property blends timeless character with modern income potential — now at a newly reduced price. Key Features Zoned Mixed-Use: Ideal for retail, office, or live-work 2,000 sq ft commercial space (leased) 2,300 sq ft residential loft (Airbnb-ready) Rooftop deck with lake views Original brickwork, wood beams, and tin ceilings Walkable to shops, dining, and community events Income Potential Commercial Lease: $20K–$25K/year Airbnb Loft: $30K–$40K/year Total Potential Revenue: $50K–$65K/year Why This Property Stands Out One of the oldest commercial buildings still in use in Pilot Point Rooftop views of Lake Ray Roberts Former general store, barber shop, and boot repair shop Located in a fast-growing North Texas corridor Pilot Point Growth Snapshot 55% population growth since 2020 20,000+ new homes planned in master-planned communities Expanding Dallas North Tollway & US 377 access More affordable than Frisco or Prosper Eligible for City Grants for Updates to Historic Building Step into a rare opportunity to own a piece of history in the heart of Pilot Point’s charming downtown square. This beautifully restored late-1800s building, known as The Greenberg Perlman, offers a unique blend of historic character and modern luxury. With a fully leased commercial space downstairs and a thriving Airbnb loft upstairs, this property is both a stunning residence and a smart investment. - The Pearlman Loft – Elevated Living Above the Square A true sanctuary in the sky, this one-of-a-kind loft blends historic charm with curated luxury. Inspired by the natural beauty of Lake Ray Roberts nearby and the artistic spirit of horse country, the loft is a masterpiece of design and comfort. • 2 Bedrooms | 1 Bath | Rooftop Deck with Lake View (approximately 2000+ sq ft) • Open-concept living with soaring ceilings, three custom skylights, with built in crystal-engraved glass and antique stained glass. • Beautifully design spaces include a sun-drenched sunroom with expansive windows overlooking the square, two inviting bedrooms, and multi-level areas that create truly unique experience in every room. • Fully equipped galley kitchen with new stainless appliances and gas stove range. • Cozy library with custom library ladder and bookshelves and stylish bar area, with a peaceful office nook. • Large bathroom with custom cabinetry and shower and clawfoot tub. • Recent improvements include a new central HVAC, Navien tankless water heater, All windows replaced (except south-facing originals for character) and new carpet. • Rooftop access with a rooftop deck with some of the tallest views in Denton County, beautiful sunrise and sunset views. • Restored original stairs and doors from the 1800s, preserving the soul of the building. Commercial Space – Prime Retail Opportunity (approximately 2000+ sq ft) The ground floor offers a beautifully preserved and highly visible commercial space, currently leased and generating steady income. With its expansive storefront display windows, this space is ideal for boutique retail, gallery, or professional services. • Open-concept interior – a blank canvas ready for your vision • ADA-compliant restroom already in place • New electric panel and new central HVAC • Rear access and fenced backyard for added functionality • Be part of Pilot Point’s exciting downtown transformation and already established history This space is not just a lease—it’s a chance to be part of a growing, vibrant community with deep roots and a bright future. Location Highlights • Situated on the highest point in Denton County • Steps from dining, shopping, and community events • Just 3 miles from Lake Ray Roberts for boating, hiking, and nature escapes • Rich historical significance, from Native American trails to Western cattle drives The Pearlman Building is more than a property—it’s a legacy. Whether you're an investor, entrepreneur, or someone seeking a truly unique live-work opportunity, this is your chance to own the crown jewel of Pilot Point. Contact Winston and Heather Foster to schedule a private tour today.