




$240,000
508 W Main St, Palestine, TX, 75801
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About this property
Historic Downtown Commercial Opportunity Approx. 13,100 SF Don’t miss this rare opportunity to own two connected commercial buildings in the heart of Downtown Palestine, offering a combined total of approximately 13,100 square feet of versatile space. Built in 1905, these properties boast incredible character, modern functionality, and prime frontage on both W. Main and Spring Street. Take advantage of four potential storefronts, four rollup doors, concrete floors, ample shop lighting, and a flexible mix of open showroom or warehouse space and private offices or rooms. Whether you're looking for retail, warehouse, studio, or investment potential, this property delivers space, visibility, and character in a central location.
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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: Palestine
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