314 W Main St offers a unique opportunity for commercial investors and business owners looking for a versatile space in Waxahachie's growing market. With 1,230 SF of available space on a 0.172-acre lot, this single-story, Class C building is ideally suited for a wide range of retail or office uses. The building's C-1 zoning allows for flexible commercial use, making it an attractive option for businesses aiming to tap into the city's expanding economic activity. Strategically located on West Main Street, the property benefits from high visibility and consistent traffic, ensuring excellent exposure for any business. Its proximity to historic downtown Waxahachie and local developments such as the North Grove residential project and the ongoing Downtown Revitalization adds to its long-term value. The property is easily accessible, with major highways nearby, and enjoys a central location in a vibrant commercial district. Listed at $365,000, this property provides a solid investment opportunity in a market with rising demand for commercial spaces. The combination of strategic location, flexible zoning, and ample square footage makes it perfect for businesses looking to establish or expand their presence in Waxahachie. Location Overview Located just 30 miles south of Dallas, Waxahachie is experiencing significant commercial and residential growth. This property is ideally situated in a high-traffic area, close to historic downtown Waxahachie, offering a steady flow of both local customers and visitors. The area boasts a mix of retail establishments, restaurants, and professional offices, making it a vibrant commercial district. Nearby developments include the North Grove and Downtown Waxahachie Revitalization, which have further increased the demand for commercial spaces in the area. The property’s proximity to major highways and its strategic location ensure long-term growth potential for any business that sets up shop here.
Why 1314 W Main St is a Strong Investment Opportunity?
1. Prime Location: 1314 W Main St is situated in the heart of Waxahachie's thriving commercial district, offering excellent visibility and easy access. Located on a highly trafficked road, the property benefits from proximity to historic downtown Waxahachie and nearby developments like the North Grove residential area, which are driving more foot traffic and demand for commercial spaces. With ongoing revitalization efforts in the city, this location is well-positioned for growth.
2. Flexible Zoning (C-1): The property’s C-1 zoning allows for a range of commercial uses, including office spaces, retail stores, or professional services. This flexibility makes it suitable for a wide variety of businesses, catering to the growing population and increasing demand for local services.
3. Growing Market: Waxahachie has seen substantial population growth in recent years, fueled by its close proximity to Dallas and its affordable cost of living. The city is a hub for new developments, with over 1.4 million square feet of retail space already present in the market, offering strong opportunities for commercial investors looking to tap into this expanding market.
4. Competitive Pricing: At $365,000, this 1,230 SF property offers an affordable entry point into a growing commercial market. The relatively low price per square foot compared to other properties in the area enhances its appeal as a sound long-term investment.
5. Historic Appeal: Built in 1932, the property adds charm with its historical roots, providing a unique character that can attract local businesses looking to capitalize on Waxahachie’s historic appeal. With its prime location, flexible zoning, and Waxahachie’s continued growth, 1314 W Main St represents a solid investment for businesses and investors looking to establish a foothold in a burgeoning commercial market.
6. High Demand for Commercial Spaces: With Waxahachie’s continued population growth, demand for retail and office spaces is increasing. The C-1 zoning of 1314 W Main St offers flexibility for various types of businesses. 7. Strategic Location: Proximity to major developments and high-income neighborhoods make this property an attractive spot for businesses catering to both local and regional customers. Affordable Entry Point: Priced at $365,000, this property offers an excellent opportunity to invest in a fastgrowing market with increasing property values.
Key Potential Developments and Investment Highlights
1. Prime Location in a Rapidly Growing Area Waxahachie is currently experiencing a population boom, with 130 new residents moving to the area each month as of 2022, doubling the previous year's growth rate. This surge in population is driving demand for new businesses, making 1314 W Main St a key investment opportunity in a market on the rise. The property benefits from its location in a high-traffic area with easy access to downtown Waxahachie and nearby developments?.
2. Strong Demographics The city boasts a median household income of $80,044, higher than the Texas average, and is supported by a growing residential base. Waxahachie’s population has grown by nearly 5% year-over-year from 2021 to 2022, further boosting commercial demand?.
3. Nearby Developments Several major projects are underway in Waxahachie, including the Myrtle Creek Master-Planned Community, which is adding thousands of residential units, and a Fanatics sportswear distribution center developed by Jerry Jones’ company, Blue Star Land. These developments are enhancing both the residential and business landscape, making properties like 1314 W Main St even more desirable?.
4. Infrastructure Improvements The city is collaborating with the Texas Department of Transportation (TxDOT) on infrastructure upgrades to handle the influx of residents and businesses. Projects include road expansions and improved interchanges, ensuring the area remains well-connected for future growth?.