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21310193
21310194

201 E Chambers St, Cleburne, TX 76031 For Sale

JF
TX TX 0620184
Berkshire Hathaway HomeServices Premier Properties | Commercial Division
Listed by Berkshire Hathaway HomeServices Premier Properties | Commercial Division
$2,750,000
547 days on market
Updated 0 days ago

Dickson Hardware Building

Details
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 20,000
Units 11
Lease Type Gross
Class C
Year Built 1890
Year Renovated 2024
Buildings 2
Stories 3
Acreage 0.127
Zoning Multi
Ownership Of record

Historical conversion in the heart of Cleburne and it's revitalization.

Marketing description

For Sale: 201-205 E Chambers Street | Historic Downtown Cleburne, TX An extraordinary opportunity to own a cornerstone of Cleburne’s historic downtown! 201-205 E Chambers Street is a beautifully preserved and thoughtfully updated mixed-use building, rich with history and brimming with modern potential. Built in the late 19th century, this iconic property stands as a testament to Cleburne’s vibrant past while offering dynamic income-producing possibilities for the future. The top two floors feature eleven spacious, fully-leased loft apartments, each blending classic architectural charm with contemporary conveniences — a highly desirable combination that ensures steady residential income. On the ground floor, the property offers prime retail and office space with multiple units currently leased and additional opportunities for expansion. With its unbeatable location in the heart of downtown, the street-level commercial spaces boast high visibility, steady foot traffic, and close proximity to shops, restaurants, and city offices, making it ideal for retail, dining, or professional services. Whether you're an investor seeking a rare, income-generating property or an entrepreneur wanting a unique space to grow your business, 201-205 E Chambers offers limitless potential wrapped in historical elegance. Don't miss the chance to be part of Cleburne’s past, present, and future — schedule your private tour today! Additional amenity: 14 onsite parking spaces, a valuable asset in the downtown area. The ground floor has a large grease trap to accommodate restaurant/food tenants. Property currently generates 20k per month with 3650sf of prime commercial space with a grease trap available.

Investment highlights

  • Diverse Income Streams: Residential loft apartments and commercial leases offer built-in income diversification.
  • Historic Tax Incentives: Potential eligibility for historic preservation tax credits and local incentive programs.
  • Residential Units: Eleven operating loft apartments to generate stable monthly rental income.
  • Value-Add Potential: Opportunity to increase rents, modernize commercial interiors, or reposition spaces for higher-end tenants.
  • Prime Location: Situated in the heart of Cleburne’s revitalized downtown district, surrounded by ongoing community development and city investment initiatives.
  • Strong Rental Demand: Limited supply of similar historic loft-style living in the area ensures continued high occupancy.
  • Future Appreciation: Downtown Cleburne is experiencing renewed growth and investment, offering significant upside potential over time.
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Listing Contacts

JF
TX TX 0620184
Berkshire Hathaway HomeServices Premier Properties | Commercial Division
Listed by Berkshire Hathaway HomeServices Premier Properties | Commercial Division

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Additional Information

Name
Jennifer Franke
License
TX 0620184
Brokerage Phone
8178064100
Brokerage Address
2900 South Hulen Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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