7228 Main Street - Freestanding FOR SALE


Iola, TX 77861
$499,000 USD
281-798-9560
7228 Main Street, Iola, TX for Sale
$499,000 USD
Freestanding - FOR SALE
1/16
null | Request Cap Rate

7228 Main Street
Iola, TX 77861


HIGHLIGHTS

  • 9,076 SF of finished, climate-controlled commercial space across a single-story footprint with segmented retail bays
  • 11,900 SF corner lot with dual street frontage and off-street parking
  • Two legal addresses (7216 & 7228 Main Street) allow for single-tenant use or division into separate leasable units
  • Original brick exterior, pressed-tin ceilings, and exposed structural elements throughout - a distinctive architectural asset
  • Large open-concept event and gathering space with high ceilings, statement lighting, and flexible floor plan
  • Separate restroom facilities and a full utility/wash-up area

OVERVIEW

A rare opportunity to own a fully renovated, income-producing commercial building in the heart of historic downtown Iola. Spanning two street addresses under one roofline, this 9,076-square-foot brick building sits on a corner lot with strong Main Street visibility and multiple points of access. Originally built as a general merchandise store — the painted-brick signage for "Groceries, Hardware, Dry Goods" is still visible on the exterior — the building has been thoughtfully repositioned as a multi-use commercial destination, currently operating as an antiques and vintage goods market with additional built-out space for events and personal services.

FOR SALE DETAILS

PRICE

$499,000 USD

PRICE/SF

$60 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7216 & 7228 Main Street

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,900 SF

ZONING

-

APN/PARCEL ID

R34837

ASK ABOUT THIS PROPERTY

Justin WhitworthOldham Goodwin Group, LLCMore Info
281-798-9560

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Justin WhitworthOldham Goodwin Group, LLCMore Info
281-798-9560

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