301 W Commerce Street, Gladewater, Texas

$500,000

Previous Next

0.73

Acres

About 301 W Commerce Street

Prime Investment Opportunity in Downtown Gladewater – Fully Leased 8-Unit Multifamily Property with Expansion Potential! Located just steps from the shops, dining, and charm of historic downtown Gladewater, this exceptional 8-unit apartment complex offers immediate cash flow with exciting future upside. Built in 1932, this two-story property is full of character and has been thoughtfully maintained to appeal to long-term tenants and savvy investors alike. The property features a mix of 1-bedroom and 2-bedroom units, all currently leased, along with on-site laundry facilities, plenty of off-street parking, large storage rooms for tenant use, and RV parking with electrical hookups—providing an additional income stream and appealing to both traveling professionals and extended-stay tenants. An investor’s dream, this property also includes over 4,100 square feet of unused building space, offering a rare opportunity to add value. Whether you’re considering additional residential units, office or retail space, short-term rentals, or tenant amenities, this space gives you the flexibility to grow your investment and increase returns. Situated in a high-demand rental area, this property is a turn-key asset with current occupancy and strong rental appeal—perfect for both seasoned investors and those looking to expand their portfolio. Don’t miss out on this rare opportunity in one of East Texas’s most charming downtown districts—schedule your private tour today!!!

Status Change History

Jan 15, 2026 Status Changed from Pending to Closed Closed
Dec 31, 2025 Status Changed from Active to Pending Pending

Features of 301 W Commerce Street

MLS® # 21126268
Price $500,000
Acres 0.73
Year Built 1932
Type Commercial Sale
Sub-Type Business
Status Closed

Community Information

Address 301 W Commerce Street
Subdivision NA
City Gladewater
County Gregg
State Texas
Zip Code 75647

Amenities

Utilities City Sewer, City Water
Garages Additional Parking, Asphalt, Concrete
Is Waterfront No
Has Pool No

Interior

Heating Central, Electric
Fireplace No
# of Stories 2
Stories 2

Exterior

Lot Description Level
Roof Flat
Construction Concrete
Foundation Slab

Additional Information

Date Listed December 4th, 2025
Date Sold January 13th, 2026
Days on Market 285
Zoning N/A

Listing Details

AgentCharlotte Williams
OfficeKeller Williams Realty-Tyler
Contact Info903-520-2985

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?