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$350,000 Sale Pending

  • For Sale
  • Pending
  • Business
  • 1,710 Sq. Ft.
  • 0.41 Acres
  • Updated 7 days ago
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Prime Investment Opportunity - Established Restaurant & Versatile Commercial Space! This property is an ideal investment for entrepreneurs or investors seeking an income-producing asset. The property offers a rare opportunity for either owner-occupancy or use as a rental income generator. The front of the building features a warm and inviting atmosphere, with a spacious dining area perfect for guests to relax and enjoy. Palestine is a booming North- East Texas town with load of potential with 2025 Population of 19,907 people and this location has TX Dot Traffic Annual Count: 11,525. The fully-equipped commercial kitchen includes stainless steel appliances, ample prep space, ice machine, and storage - ready for immediate use. Whether you want to expand within the restaurant industry, convert it into an event venue, retail shop, or explore other hospitality concepts, this property is full of potential. With its prime location the opportunity is one you won't want to miss this! Buyer to verify all information within and functionality of any equipment.

Full Property Details for 1907 W Oak St

General

  • Price: $350,000
  • Taxes: $5,702
  • Status: Pending
  • Type: Business
  • Source: NTREIS
  • MLS ID: 20915906
  • Updated: 1/12/2026
  • Added to Site: 265 day(s) ago

Business

  • Business Type: Deli/Catering, Doughnut, Food & Beverage, Fast Food, H

Interior

  • Flooring: Vinyl

Parking

  • Parking Features: Additional Parking, Common, Concrete, Covered

Location

  • County: Anderson
  • Subdivision: Joseph Jordan League
  • Driving Directions: From Downtown Palestine, TX: Head west on W Oak Street from the downtown area. Continue straight on W Oak Street for about 2 miles. 1907 W Oak St will be on your left, just past the intersection with Loop 256.

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Sewer Available, Water Available

Structural Information

  • Detached/Attached: Detached
  • Construction: Block, Concrete
  • Roof: Shingle
  • Stories/Levels: 1
  • Square Feet: 1,710
  • Sq. Ft. Source: Public Records
  • Year Built: 1950

Lot Features

  • Lot Size (Acres): 0.41
  • Lot Size (Sq. Ft.): 17,859.6
  • Lot Size Source: Public Records
  • Frontage: City Street
  • Lot Features: Cleared, Level
  • Potential Use: Food Service, Restaurant
  • Zoning: Commercial

Financial Considerations

  • Tax Amount: $5,702
  • Terms: Cash, Conventional, 1031 Exchange
  • Owner Pays: All Utilities
  • Tenant Pays: All Utilities

Disclosures and Reports

  • Documents Avail.: Aerial
  • Legal Description: A0033 JORDAN, JOSEPH BLOCK 1217 TRACT 8
  • Inclusions: Building Only, Land & Improvements
  • Property ID: R14286
  • Block: 1217

Listed by RE/MAX Landmark, Delanee Clark

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Listing agent

— 1907 W Oak St —

  • Delanee Clark

    RE/MAX Landmark

972-524-2525

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1907 W Oak St

School District:Palestine Independent School District
NameGradesDistance
Southside Elementary School, Palestine, TX
201 Gillespie Road, Palestine, TX 75801
2-31.1 mi
Story Intermediate School
5300 Texas 256 Loop, Palestine, TX 75801
4-63 mi
Northside Primary
2509 Hwy 155 N, Palestine, TX 75801
K-13.3 mi
Palestine J High School
233 Ben Milam Road, Palestine, TX 75801
7-82.9 mi
Palestine High School
1600 Texas 256 Loop, Palestine, TX 75801
9-122.8 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 1907 W Oak St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/26/2025
Price Increased
$350,000
11.11%
MLS
6/17/2025
Price Reduced
$315,000
-10%
MLS
4/29/2025
Listed
$350,000
—
MLS
Get Price Alerts and Save Property
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 for 1907 W Oak St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,688
-10%
$259,606
—
2022
$6,321
—
$259,606
5%
2022
$6,321
-53%
$246,211
-1%
2021
$13,368
—
$248,371
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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with our affiliated lender
NMLS#: 1598647

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Listed by RE/MAX Landmark, Delanee Clark

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1907 W Oak Street, Palestine, TX 75801 (MLS# 20915906) is a Business property. 1907 W Oak Street is currently listed for $350,000 and was received on April 29, 2025. Want to learn more about 1907 W Oak Street? Do you have questions about finding other Business real estate for sale in Palestine? You can browse all Palestine real estate or contact a Coldwell Banker agent to request more information.

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