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Days32Days on Market
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$295,500

111 N Commerce St, Corsicana, TX, 75110

$384,150 ARVInfo
On MarketInfo
CommercialInfo
Baths0 Bath
Baths6,300 Sq Ft
OfficeOffice
Year BuiltBuilt in 1902

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available
FlooringCarpet

Exterior

Lot Size6,229 sqft

Building Information

Year Built1902
Stories2
Garage Spaces8

Land Information

APN35037
Lot Number11,12
SubdivisionCorsicana
Land UseCommercial
Legal DescriptionC0000 CORSICANA BLK 239 LOT 11 & 12 .143 ACRES (50 X 125) (50 X 125)
Census Tract970800
Assessed Land Value$43,750
Assessed Improvement Value$91,280
Assessment Year2025

About this property

Own a piece of Corsicana history! Located on one of Historic Downtown Corsicana's iconic brick streets, this impressive two-story commercial building offers exceptional character, visibility, and endless potential. The classic painted brick façade, large arched windows, and timeless architectural details create outstanding curb appeal in the heart of the downtown district. The property features a secure gated side driveway with valuable off-street access, covered carport area, and additional rear access from the alley, making deliveries, parking, or future redevelopment convenient and practical. A spacious footprint provides flexibility for professional offices, retail, mixed-use commercial, or residential loft conversion. The second story presents exciting opportunities for expansion, while the historic exterior offers the charm and authenticity buyers seek in downtown properties. Surrounded by restaurants, shopping, businesses, and community events, this is a rare opportunity to invest in one of Corsicana's most desirable downtown locations. Whether you're looking to establish your business headquarters, create an income-producing investment, or restore a historic landmark, this unique property is ready for its next chapter.

Investor Tools

$0Estimated Mortgage Balance
$135,030Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$384,150
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,773 /month
Positive
Cash Flow Estimate:
$591 /month

Interested in this property?

Lindsay King

King Realty Company

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$269/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,558
$135,030
2025
$43,750
$91,280
$135,030
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,558
$135,030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$135,030
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Corsicana

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111 N Commerce St | Property Details | No Agent List