512-965-9897
1114 Elm St, Carrollton, TX for Sale
Storefront Retail/Residential - FOR SALE
1/5
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1114 Elm St
Carrollton, TX 75006
Downtown Carrollton


HIGHLIGHTS

  • Mixed-use investment opportunity.
  • Fully occupied with six residential tenants and one commercial tenant.
  • Located in Historic Downtown Carrollton.
  • Built in 2006 with residential loft-style unit layouts.
  • Ground-floor commercial space leased to an established restaurant operator.

OVERVIEW

The Lofts presents a fully occupied mixed-use investment opportunity in Historic Downtown Carrollton, one of North Dallas’ established urban districts. Constructed in 2006, the property consists of six residential loft units positioned above a ground-floor commercial space, creating diversified income from both residential and retail tenancy. At the time of the offering, the asset was 100% occupied, including a long-term commercial tenant occupying the street-level space. Located directly on Carrollton’s historic downtown square, the property benefits from proximity to restaurants, coffee shops, retail destinations, community events, and entertainment venues that contribute to consistent pedestrian activity and neighborhood engagement. The surrounding area has experienced ongoing public and private investment, supporting the district’s appeal as a destination for residents and visitors alike. The residential component features loft-style units with modern finishes including sealed concrete floors, stainless steel appliances, Silestone countertops, in-unit washers and dryers, and dedicated parking. Residents also benefit from convenient access to daily services and amenities within walking distance or a short drive. The combination of residential and commercial uses creates operational diversification while positioning the asset within an established downtown environment. The property offers investors an income-producing asset with an existing rent roll, stabilized occupancy, and a location within the Dallas-Fort Worth metropolitan area. Its blend of residential loft living and commercial tenancy provides exposure to multiple demand drivers while benefiting from the character and visibility of Carrollton’s historic downtown district.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Lofts

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

CROSS STREETS

4th Avenue

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

Old Downtown Commercial

APN/PARCEL ID

140171500N08R0000

ASK ABOUT THIS PROPERTY

Tracy Li, CCIMXCEL Commercial RealtyMore Info
512-965-9897

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Tracy Li, CCIMXCEL Commercial RealtyMore Info
512-965-9897

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