




$1,264,800
201 W California Street, Gainesville, TX, 76240
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About this property
LOCATION, LOCATION, LOCATION!! Truly a piece of history dating back to the early 1900s,. This Historical Downtown Building is located within an hours drive to the DFW AREA and in the HEART of Gainesville's growing business and retail district. This perfectly appointed 19,2000 sq feet building, offers PRIME office space that could used as an incubator for your business to grow OR could be shared work space for multi tenant users. The downstairs layout offers a large lobby or reception area, 2 conference rooms, 31 private offices, 2 common work space areas, storage room, 2 bathrooms, and a kitchen. Upstairs you will find a lrg flex room, 18 private offices, kitchenette, 3 bathrooms, 2 tech rooms, storage area, and large gym area with 2 locker rooms, 2 baths with shower areas, washer-dryer, built ins and more! Two stairwells, working elevator, partial basement and more! By design, this building could easily be sectioned into 3 independent businesses, all with private entrances.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Gainesville
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