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Investment Highlights
- Located in the heart of Dallas' Deep Ellum district.
- Features a rooftop deck overlooking the surrounding area.
- Situated within a Qualified Opportunity Zone.
- Currently operating as an income-producing event center.
- Zoned PD-269 (Tract A) for flexible future use potential.
- Includes on-site parking and mixed-use functionality.
Executive Summary
2616 Commerce Street presents a rare opportunity to acquire a mixed-use asset in the heart of Deep Ellum, one of Dallas' most recognized entertainment, cultural, and commercial districts. Positioned along Commerce Street within an area known for its restaurants, music venues, creative office users, residential development, and retail activity, the property benefits from consistent neighborhood traffic and proximity to Downtown Dallas.
The offering includes approximately 21,117 square feet of gross leasable area situated on an approximately 0.24-acre site. The multi-story property features a rooftop deck of approximately 4,984 square feet and is currently operating as an income-producing event center. Its existing improvements, combined with the flexibility afforded by PD-269 (Tract A) zoning, provide investors with multiple pathways for continued operation, repositioning, or future redevelopment subject to applicable approvals.
Deep Ellum continues to attract a diverse mix of businesses, residents, and visitors due to its central location, connectivity to major Dallas employment centers, and established reputation as a destination district. The property's location within a Qualified Opportunity Zone may provide additional consideration for investors evaluating long-term capital deployment strategies under applicable Opportunity Zone regulations.
With existing income generation, on-site parking, prominent urban positioning, and potential ancillary revenue opportunities, 2616 Commerce Street offers investors the ability to acquire a distinctive asset within one of Dallas' most active mixed-use neighborhoods.
The offering includes approximately 21,117 square feet of gross leasable area situated on an approximately 0.24-acre site. The multi-story property features a rooftop deck of approximately 4,984 square feet and is currently operating as an income-producing event center. Its existing improvements, combined with the flexibility afforded by PD-269 (Tract A) zoning, provide investors with multiple pathways for continued operation, repositioning, or future redevelopment subject to applicable approvals.
Deep Ellum continues to attract a diverse mix of businesses, residents, and visitors due to its central location, connectivity to major Dallas employment centers, and established reputation as a destination district. The property's location within a Qualified Opportunity Zone may provide additional consideration for investors evaluating long-term capital deployment strategies under applicable Opportunity Zone regulations.
With existing income generation, on-site parking, prominent urban positioning, and potential ancillary revenue opportunities, 2616 Commerce Street offers investors the ability to acquire a distinctive asset within one of Dallas' most active mixed-use neighborhoods.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
21,117 SF
Building Class
C
Year Built
1946
Price
$11,081,680 CAD
Price Per SF
$524.78 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.48
Lot Size
1.00 AC
Opportunity Zone
Yes
Zoning
PD-269 (TRACT A) - Commercial
Frontage
Amenities
- Roof Terrace
Very walkable
80/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 00000103867000000 | Improvements Assessment | $1,250,498 CAD |
| Land Assessment | $638,928 CAD | Total Assessment | $1,889,426 CAD |
Property Taxes
Parcel Number
00000103867000000
Land Assessment
$638,928 CAD
Improvements Assessment
$1,250,498 CAD
Total Assessment
$1,889,426 CAD
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2616 Commerce St
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