Log In/Sign Up
Your email has been sent.
The Lofts 1114 Elm St 10,842 SF 100% Leased Retail Building Carrollton, TX 75006 For Sale



Investment Highlights
- Mixed-use investment opportunity.
- Located in Historic Downtown Carrollton.
- Ground-floor commercial space leased to an established restaurant operator.
- Fully occupied with six residential tenants and one commercial tenant.
- Built in 2006 with residential loft-style unit layouts.
Executive Summary
The Lofts presents a fully occupied mixed-use investment opportunity in Historic Downtown Carrollton, one of North Dallas’ established urban districts. Constructed in 2006, the property consists of six residential loft units positioned above a ground-floor commercial space, creating diversified income from both residential and retail tenancy. At the time of the offering, the asset was 100% occupied, including a long-term commercial tenant occupying the street-level space.
Located directly on Carrollton’s historic downtown square, the property benefits from proximity to restaurants, coffee shops, retail destinations, community events, and entertainment venues that contribute to consistent pedestrian activity and neighborhood engagement. The surrounding area has experienced ongoing public and private investment, supporting the district’s appeal as a destination for residents and visitors alike.
The residential component features loft-style units with modern finishes including sealed concrete floors, stainless steel appliances, Silestone countertops, in-unit washers and dryers, and dedicated parking. Residents also benefit from convenient access to daily services and amenities within walking distance or a short drive. The combination of residential and commercial uses creates operational diversification while positioning the asset within an established downtown environment.
The property offers investors an income-producing asset with an existing rent roll, stabilized occupancy, and a location within the Dallas-Fort Worth metropolitan area. Its blend of residential loft living and commercial tenancy provides exposure to multiple demand drivers while benefiting from the character and visibility of Carrollton’s historic downtown district.
Located directly on Carrollton’s historic downtown square, the property benefits from proximity to restaurants, coffee shops, retail destinations, community events, and entertainment venues that contribute to consistent pedestrian activity and neighborhood engagement. The surrounding area has experienced ongoing public and private investment, supporting the district’s appeal as a destination for residents and visitors alike.
The residential component features loft-style units with modern finishes including sealed concrete floors, stainless steel appliances, Silestone countertops, in-unit washers and dryers, and dedicated parking. Residents also benefit from convenient access to daily services and amenities within walking distance or a short drive. The combination of residential and commercial uses creates operational diversification while positioning the asset within an established downtown environment.
The property offers investors an income-producing asset with an existing rent roll, stabilized occupancy, and a location within the Dallas-Fort Worth metropolitan area. Its blend of residential loft living and commercial tenancy provides exposure to multiple demand drivers while benefiting from the character and visibility of Carrollton’s historic downtown district.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
10,842 SF
Building Class
C
Year Built
2006
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.26
Lot Size
0.11 AC
Zoning
Old Downtown Commercial
Parking
15 Spaces (1.38 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Freeway Visibility
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 140171500N08R0000 | Improvements Assessment | $3,225,106 CAD |
| Land Assessment | $63,666 CAD | Total Assessment | $3,288,772 CAD |
Property Taxes
Parcel Number
140171500N08R0000
Land Assessment
$63,666 CAD
Improvements Assessment
$3,225,106 CAD
Total Assessment
$3,288,772 CAD
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
The Lofts | 1114 Elm St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.

