396 W Main St - Medical FOR SALE


Lewisville, TX 75057- Lewisville/Flower Mound
$1,850,000 USD
469-520-1198
396 W Main St, Lewisville, TX for Sale
$1,850,000 USD
Medical - FOR SALE
1/38
null | Request Cap Rate

Oct '26


396 W Main St
Lewisville, TX 75057
Lewisville/Flower Mound


HIGHLIGHTS

  • Extensive Renovation in 2022
  • Less than 1/2 mile to I-35E
  • Part of Old Town Lewisville (OTL)
  • 1 block to Medical City Lewisville
  • 15,000 to 20,000 vehicles per day

OVERVIEW

Perfectly positioned at the hard corner of Main Street and Cowan Avenue, 396 W Main St features a 4,887-square-foot standalone office building that was extensively remodeled in 2022, offering a modern, turnkey environment for professional or medical office users. With 10 private offices, a reception area, a conference room, a workroom, a bullpen area, a large breakroom, and 24 dedicated parking spaces, this highly versatile property combines extremely functional interior upgrades with a superior, high-visibility location. The property is uniquely optimized for medical office conversion or general professional operations. It sits just one block from Medical City Lewisville, offering seamless synergy for healthcare providers looking to establish a prominent local footprint. Furthermore, a large influx of new multi-family infrastructure surrounds the area. Several premier apartment communities have been constructed within the past five years—including Aura Old Town and Main & Mill Street Lofts—bringing a dense, high-income patient base directly to your doorstep. Located within the Old Town Lewisville (OTL) Design District, this property allows businesses to capitalize on the area's vibrant, walkable lifestyle. The City of Lewisville has heavily invested in revitalizing its historic core through strategic initiatives like the Lewisville 2025 Vision Plan, public-private partnerships, and transformative infrastructure upgrades like Wayne Ferguson Plaza and the Main and Mill streetscaping. This deliberate public investment has triggered immense private development, driving downtown property values up significantly and bringing over 1,500 new residential units within walking distance. The ongoing economic expansion ensures an ever-growing influx of foot traffic, daytime consumers, and escalating long-term property values, positioning 396 W Main St directly in the path of rapid growth.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$379 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

LC

APN/PARCEL ID

R18844

ASK ABOUT THIS PROPERTY

John TorresPreeminent CRE GroupMore Info
469-520-1198

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John TorresPreeminent CRE GroupMore Info
469-520-1198

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