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$124,900
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Property Description
3,544 SF Commercial Property | Main Street, Gatesville, TX In today's buyer-favorable market, this Main Street commercial asset presents a compelling opportunity for equity acquisition, visibility, and long-term value creation. Offered below market with ARV supported by local benchmarks, the property provides a strong entry point for both investors and owner-users. The 3,544± SF building sits on a 16,000± SF lot and features four service bays, a dedicated office area, and an additional side barn-offering flexible functionality for a variety of commercial uses. Long-term ownership and solid construction create a reliable foundation for repositioning or continued use. Located on the west side of town along the high-traffic Main St (Hwy 84), this building is ideally positioned for a mechanic shop with strong exposure to eastbound inbound traffic coming through town. the property benefits from excellent frontage and exposure. It is well-suited for auto service, contractor operations, trade-based tenants, or investors targeting consistent lease demand in a proven Central Texas market. Key Highlights Below-market acquisition with strong ARV support 3,544± SF building on a 16,000± SF lot Four service bays, office space, and side barn Prime Main Street frontage in Gatesville Investment Outlook This commercial garage supports multiple exit strategies, including owner-user occupancy, lease-up, or strategic repositioning for trade tenants. Current buyer's market conditions enhance negotiating leverage and downside protection, positioning this asset as a strong equity play in a growing Central Texas corridor.
Full Property Details
Full Property Details for 212 E Main St
General
- Price: $124,900
- Status: Active
- Type: Commercial
- Source: Central_Texas_MLS
- MLS ID: 600742
- Updated: 2/3/2026
- Added to Site: 42 day(s) ago
Interior
- Flooring: Concrete
Parking
- Garage: Yes
- Garage Spaces: 3
- Parking Features: Garage, Oversized, Parking Space(s), Garage Faces Rear, Three or more Spaces
Location
- County: Coryell
- Subdivision: Original Town
- Driving Directions: Head east on US-84 Main St toward Farm To Market 116 Destination will be on the right
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, 1 Unit
- Heating Type: Central
Utilities
- Water: Public
- Utility Description: Electricity Available, High Speed Internet Available
Structural Information
- Construction: Metal Frame
- Stories/Levels: 1
- Square Feet: 3,544
- Sq. Ft. Source: Appraiser
- Year Built: 1985
- Year Built Source: Assessor
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.203
- Frontage: County Road
Disclosures and Reports
- Legal Description: ORIGINAL TOWN GATESVILLE, BLOCK 87, LOT 1 N66 & LOT 2 E PT, ACRES 0.2030
- Inclusions: Building(s), Land
- Property ID: 114217
- Block: 87
- Lot Number: 1
Listed by Turner Brothers Real Estate, LLC
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Schools
Schools serving 212 E Main St
School District:Gatesville Independent School District
| Name | Grades | Distance |
|---|---|---|
Gatesville Elementary School 2537 East Main Street, Gatesville, TX 76528 | 1-3 | 1.9 mi |
Gatesville Primary School 308 Hornet Way, Gatesville, TX 76528 | PK-K | 2 mi |
Gatesville Intermediate School 311 Hornet Way, Gatesville, TX 76528 | 4-6 | 2 mi |
Gatesville J High School 307 South Lovers Lane, Gatesville, TX 76528 | 7-8 | 1.9 mi |
Gatesville High School 205 South Lovers Lane, Gatesville, TX 76528 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 212 E Main St
Date
Details
Price
Change
Source
1/29/2026
Price Reduced
$124,900
-3.18%
MLS
1/01/2026
Listed
$129,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 212 E Main St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,368
6%
$52,300
-58%
2023
$2,232
—
$123,900
2%
2023
$2,232
2%
$121,400
13%
2022
$2,180
22%
$107,800
31%
2020
$1,791
5%
$82,460
4%
2019
$1,712
—
$79,090
3%
2019
$1,712
100%
$77,050
-5%
2017
-100%
$81,320
76%
2017
$1,034
-24%
$46,090
-28%
2016
$1,362
—
$63,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 212 E Main St
212 E Main Street, Gatesville, TX 76528 (MLS# 600742) is a Commercial property. 212 E Main Street is currently listed for $124,900 and was received on January 01, 2026. Want to learn more about 212 E Main Street? Do you have questions about finding other Commercial real estate for sale in Gatesville? You can browse all Gatesville real estate or contact a Coldwell Banker agent to request more information.

