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$425,000 -$24,500 (-5.45%) Price Reduced
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Property Description
Incredible opportunity to own a large, multi-use commercial property in the heart of historic downtown Mexia. Formerly Jackson's True Value-a locally iconic, family-owned business for decades-this listing includes four adjoining parcels offering a unique mix of retail, industrial, and redevelopment potential. Property breakdown: "¢Retail Building: 14,375 +- Sq. Ft with open-span layout, showroom floor, large display windows facing Commerce St., & more. Main, right side of building currently has 1 office space, 1 bathroom, 1 HVAC, and both- entry & back doors. The left side of the building has 2 office spaces, 2 bathrooms, 2 HVACs, and both- entry and back doors. "¢ Auto-Tire Shop: 4,000 +- Sq. Ft with insulation, drive-in bays, (3) roll-up doors, work areas, and separate water meter. "¢ Metal Canopy Structure: 4,500 +- Sq. Ft with security fencing and 2 gates ideal for equipment storage, open-air sales, or expansion. "¢ Concrete Slab: 5,000 +- Sq. Ft with security fencing & gate ready for new construction or expansion. All contents have been cleared-ready for immediate use or redevelopment. This high-visibility location on E Commerce offers strong traffic, easy access, and ample street frontage. With flexible layout options and a clean slate, this property is perfect for investors, business owners, or developers seeking space in a growing area. Why invest here? * Downtown location with high visibility and established foot traffic * Adjoining parcels offer flexibility for large-scale or multi-use projects * Clean slate-contents have been auctioned, ready for your vision * Rich, local history tied to generations of community commerce * Located in Limestone County, a region seeing renewed growth and opportunity. Whether you're an investor, developer, or business owner ready to bring new life to downtown Mexia- this is your chance to own a legacy corner of Commerce Street.
Full Property Details
Full Property Details for 405 E Commerce St
General
- Price: $425,000
- Taxes: $9,667
- Status: Active
- Type: Retail
- Source: NTREIS
- MLS ID: 21010111
- Updated: 6/18/2026
- Added to Site: 311 day(s) ago
Business
- Name: Jackson’s Mexia Retail
- Business Type: Other
Interior
- Flooring: Carpet, Tile, Vinyl
Additional Information
- Security/Safety: Security System Owned, Security Gate, Security Lights
Parking
- Parking Features: Alley Access, Covered, Lighted, Other, Paved, On Street
Location
- County: Limestone
- Subdivision: Mexia
- Driving Directions: From the intersection of Hwy 14 and Hwy84, take hwy 84 East. Travel .7 miles, take a right on Bonham St. The Location will be on your right approximately .2 miles at the intersection on Bonham and Commerce.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Phone Available, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Aluminum Siding, Brick, Metal Siding, Other, Concrete, Steel Siding, Wood Siding
- Roof: Metal
- Stories/Levels: 1
- Square Feet: 22,875
- Sq. Ft. Source: Public Records
- Year Built: 1944
Lot Features
- Lot Size (Acres): 0.7192
- Lot Size (Sq. Ft.): 31,328
- Lot Size Source: Public Records
- Frontage: City Street
- Sidewalks: Yes
- Lot Features: Corner Lot
- Potential Use: Automotive, Office, Retail
- Zoning: No Zoning
Financial Considerations
- Tax Amount: $9,667
- Terms: Cash, Conventional
- Tenant Pays: All Utilities
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: (4) Legal Descriptions Total
- Inclusions: Land & Improvements
- Disclosures/Rstr.: Familial Relation
- Property ID: R16332
- Block: 115
- Lot Number: 1
Listed by Jackson Ranch & Realty LLC, Brittany Jackson
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Schools
Schools serving 405 E Commerce St
School District:Mexia Independent School District
| Name | Grades | Distance |
|---|---|---|
A B Mcbay Elementary School 1000 North Ross Avenue, Mexia, TX 76667 | PK-2 | 0.8 mi |
R Q Sims Intermediate School 1010 North Ross Avenue, Mexia, TX 76667 | 3-5 | 0.9 mi |
Mexia J High School 1 Blackcat Dr, Mexia, TX 76667 | 6-8 | 1.2 mi |
Mexia High School 1120 North Ross Avenue, Mexia, TX 76667 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 405 E Commerce St
Date
Details
Price
Change
Source
6/18/2026
Price Reduced
$425,000
-5.45%
MLS
8/12/2025
Listed
$449,500
—
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 405 E Commerce St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,038
43%
$314,731
—
2022
$4,909
—
$314,730
73%
2022
$4,909
-3%
$182,400
—
2021
$5,055
—
$182,400
—
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 405 E Commerce St
405 E Commerce Street, Mexia, TX 76667 (MLS# 21010111) is a Retail property. 405 E Commerce Street is currently listed for $425,000 and was received on August 12, 2025. Want to learn more about 405 E Commerce Street? Do you have questions about finding other Retail real estate for sale in Mexia? You can browse all Mexia real estate or contact a Coldwell Banker agent to request more information.

