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$240,000
61 Days On Site

118 N Main Street
Palmer, TX 75152

For Sale|Office|Active Under Contract
0
Beds
0
Total Baths
2,160
SqFt
$111
/SqFt
1900
Built
Subdivision:
O T Palmer-Rev
County:
Ellis
118 N Main Street118 N Main Street118 N Main Street118 N Main Street
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Monthly Payment (Est.)

$1,095
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Step into a piece of Palmer's history at 118 N. Main Street, a unique commercial opportunity in the heart of historic downtown Palmer, Texas. Previously used as a bank, this well-maintained property offers approximately 1,360 square feet of commercial space plus an 800-square-foot, one-bedroom, one-bath apartment, creating exceptional flexibility for business owners, investors, or entrepreneurs looking for a space with character. Walk through the front door and you'll immediately appreciate the charm that can't be replicated in new construction. Whether you envision a boutique, coffee shop, law office, real estate office, salon, creative studio, gallery, financial services, wellness business, or another destination business, this space provides the kind of personality that customers remember. The attached apartment adds tremendous flexibility. Live where you work, create an income-producing rental, provide housing for an employee, or use the space as a private office or executive suite. Opportunities like this are becoming increasingly difficult to find. Located in the heart of downtown Palmer, you'll enjoy the charm of a small Texas town while benefiting from one of the fastest-growing regions in the state. Palmer is part of booming Ellis County, where continued residential and commercial growth is attracting new residents, businesses, and investment. With I-45 just minutes away, the property offers convenient access to Waxahachie, Ennis, Corsicana, Dallas, and the greater DFW Metroplex, making it an ideal location for businesses that value both visibility and accessibility. Historic commercial buildings with flexible mixed-use opportunities are rare—especially when they're well maintained and ready for their next chapter. This is an opportunity to own a piece of local history while investing in its future!

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Listing Snapshot
Price 
$240,000
Days On Site 
61 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,160 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.057 Acres
Year Built 
1900
MLS® Number 
21328459
Status 
Active Under Contract
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
21 hours agoListing updated with changes from the MLS®
yesterdayStatus changed to Active Under Contract
2 months agoListing first seen on site
General Features
Acres 
0.057
Foundation 
Slab
Number Of Stories 
1
Parking 
On Street
Property Sub Type 
Office
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
2160
Water Source 
Public
Zoning 
Commercial
Interior Features
Cooling 
Ceiling Fan(s)Central AirElectric
Flooring 
TileWood
Heating 
CentralNatural Gas
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Exterior Features
Construction Details 
Brick
Lot Features 
Corner Lot
Road Frontage 
City Street
Roof 
Flat
Community Features
Financing Terms Available 
CashConventional
Listing courtesy of Melissa McClain of Coldwell Banker Realty melissa@melissamcclainlewis.com



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-09-11 06:26 PM CDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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