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406 15th St
Canyon, TX 79015
Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Prime location on the Canyon Downtown Square, a bustling area surrounded by thriving restaurants, boutiques, and a mix of local retailers
  • Exceptional commercial property offers a versatile space with high ceilings and rich historical character
  • Heavy foot traffic and strong daily traffic counts

EXECUTIVE SUMMARY

406 15th Street, Canyon, TX
Former Local Hardware Store – Prime Downtown Location
Situated in the heart of Canyon's thriving Downtown Square, this exceptional 7,784 sq ft commercial property offers a versatile space with high ceilings and rich historical character, ideal for a wide range of retail, restaurant, or office uses. Once home to a beloved local hardware store, the building’s open layout and classic architectural details make it a perfect canvas for entrepreneurs seeking to join the vibrant and growing downtown scene.
Canyon’s Downtown Dining District has quickly become a local and regional destination, attracting food lovers from near and far with a diverse array of dining options—from Asian fusion to New American cuisine, wood-fired pizza to craft cocktails. The area is known for its soul-satisfying culinary offerings, and the locally adored coffee house here was named America’s Best Coffee House by DaVinci Gourmet. With such an eclectic mix of flavors, the district is an authentic gem in the Texas Panhandle and offers a prime opportunity for retail or restaurant entrepreneurs.
Key Property Features:
• 7,784 sq ft of flexible commercial space with high ceilings, providing endless possibilities for a dynamic business environment
• Prime location on the Canyon Downtown Square, a bustling area surrounded by thriving restaurants, boutiques, and a mix of local retailers
• Heavy foot traffic with daily traffic counts ranging from 10,500 to 15,000 vehicles on nearby main roads, positioning your business for visibility and success
• Easy access to The Shops on Fifth Avenue, Canyon’s appealing outdoor mall that adds to the area’s shopping vibrancy
• Positioned in a growing community, with tax revenues rising over 11% in 2017 and ongoing increases in employment and earnings—making it clear that Canyon is an up- and-coming hub for families and businesses alike
Whether you’re looking to open a new restaurant, retail store, or mixed-use business, this property offers the space, location, and potential for long-term success. Canyon’s Downtown Square is a place where history meets opportunity, and this property is the perfect foundation for your next business venture.
Don’t miss your chance to be part of Canyon’s growing commercial and cultural landscape!

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
7,784 SF
Building Class
C
Year Built/Renovated
1925/1980
Price
$1,067,795 CAD
Price Per SF
$137.18 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.99
Lot Size
0.18 AC
Zoning
GR
Frontage
60’ on 15TH ST

AMENITIES

  • Tenant Controlled HVAC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R-005-7800-2960-0
Land Assessment
$66,292 CAD
Improvements Assessment
$249,827 CAD
Total Assessment
$316,118 CAD
  • Listing ID: 37876833

  • Date on Market: 2025-09-30

  • Last Updated:

  • Address: 406 15th St, Canyon, TX 79015

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