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Investment Highlights

  • Off the Main Road
  • REMODELED!
  • 5 minutes from I-35

Executive Summary

Affordable & REMODELED building located in the central business area of Downtown Itasca. Adjoining open lot included with the sale could be used for additional parking or even a drive through! Building was formerly a Mexican Restaurant. So many uses could work such as offices, coffee shop, florist, barber shop or hair salon, restaurant, retail, etc. New 5 ton HVAC unit installed, new doors, electrical, drop ceiling, flooring and subflooring, window fronts replaced, and some plumbing updated. 2 identical private bathrooms and conference room! Seller is open to leasing! NOT located in a historic district.

Financial Summary (Actual - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
1,920 SF
Building Class
C
Year Built
1950
Price
$149,375 CAD
Price Per SF
$77.80 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
Commercial - CBD
Parking
5 Spaces (2.6 Spaces per 1,000 SF Leased)
Frontage
43’ on W Main
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
103687
Land Assessment
$14,814 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$14,814 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
  • Listing ID: 38145312

  • Date on Market: 2025-10-20

  • Last Updated:

  • Address: 109 W Main St, Itasca, TX 76055

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