112 E Oak St 

Palestine , TX 75801

Historic name: Temple Opera House, Garett Motor Co., Palestine Savings & Loan, Magnolia Medical Plaza (built 1963)

About This Property

**LEASES AVAILABLE IMMEDIATELY** Please contact the manager directly for inquiries - Rick Farris 903-724-9149

High profile location in downtown Palestine at the intersection of Oak, Avenue A., Main, and Houston Streets. Originally built for former Palestine Saving & Loan in 1963. Downstairs has approx. 6080 square feet and the upstairs has about 5760 square feet. Nice patios adjacent to some of the private offices. Separate utilities to each floor. An elevator to the 2nd floor. Includes two additional parking lots, being adjacent to the building between Main and Oak and a second across the street on Houston for seventy off street parking spaces, plus several street parking places based on the building square footage. There is a drive thru window with night deposit vault, one large bank vault, plus a file vault. 

Amenities

Elevator, Rear Entrance, Outdoor Green Space
This property has
2 Available Lease Spaces
For Info About Leasing:

First Floor: Large space available to be renovated to suit your needs
Second floor: Multi-unit and small offices available for lease with elevator access
Please contact the manager directly for inquiries.
Contact: Rick Farris
Phone: 903-724-9149
Total Building Size (sq ft): 11,840
Zoning: CBD - Central Business District
Incentives: Local Incentives Available!
Current Historic Designations: • Not individually listed on the National Register
• Located in a National Register District (Contributing)
• Located in a Local District (Not Contributing)
• Not a Local Landmark
• Eligible for Historic Tax Credits
Sale/Lease Availability Info: Last updated May 10th, 2023

Nearby Businesses

Property Information
Zoning Uses Allowed Residential, Live/Work, Lodging, Retail, Personal Services, Office, Restaurants
Lot Size (acres) 0.2216
Parking Spaces 70
Electrical Service
Heating Type
Official Total Sq Ft 11,840
Total Commercial Units 2
Total Residential Units 0
Total Commerical Sq Ft 11,840
Total Residential Sq Ft 0
Year Built 1963
Last Remodel Date
Last Sale Date July 1st, 2022
Parcel Number R0034444
Subdivision
Legal Description ORIGINAL BLOCK 161 LOT 16, 17, 18, 19 & 20
Located Within
  • Local Historic District
  • Main Street District
  • National Register Historic District

2 Available Lease Spaces

Suite 2nd Floor
per mo.
Square Footage
5,760 sq ft
Current Use
Vacant
Unit Type
Commercial Unit
Floor
2
Suite 1st Floor
per mo.
Square Footage
6,080 sq ft
Current Use
Vacant
Unit Type
Commercial Unit
Floor
1

Survey Recommendations

Type
Stylistic Influences
Alterations/Additions
Alterations are largely confined to installation of corrugated metal and fiberglass panels that hide roof-top HVAC equipment.
Survey Recommendations
Not Individually Eligible
Priority
Historic Resources Survey
Survey Date
Modification Type