About 1907 W Oak Street
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.
Status Change History
| Date | Details | Status |
|---|---|---|
| Jun 1, 2026 | Status Changed from Active Under Contract to Closed | Closed |
| Apr 20, 2026 | Status Changed from Active to Active Under Contract | Active Under Contract |
| Apr 17, 2026 | Status Changed from Pending to Active | Active |
Features of 1907 W Oak Street
| MLS® # | 20915906 |
|---|---|
| Price | $350,000 |
| Acres | 0.41 |
| Year Built | 1950 |
| Type | Commercial Sale |
| Sub-Type | Business |
| Status | Closed |
Community Information
| Address | 1907 W Oak Street |
|---|---|
| Subdivision | Joseph Jordan League |
| City | Palestine |
| County | Anderson |
| State | Texas |
| Zip Code | 75801-4029 |
Amenities
| Utilities | City Sewer, City Water |
|---|---|
| Garages | Additional Parking, Common, Concrete, Covered |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central, Electric |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
| Stories | 1 |
Exterior
| Lot Description | Cleared, Level |
|---|---|
| Roof | Shingle |
| Construction | Block, Concrete |
| Foundation | Slab |
Additional Information
| Date Listed | April 27th, 2025 |
|---|---|
| Date Sold | June 1st, 2026 |
| Days on Market | 529 |
| Zoning | Commercial |
Listing Details
| Agent | Delanee Clark |
|---|---|
| Office | RE/MAX Landmark |
| Contact Info | 972-524-2525 |