Print View: 508 W Main St - Ye Olde Auction House

508 W Main St Palestine, Texas 75801

Historic Name: 505 W Spring (historic address)

About This Property

**AVAILABLE FOR SALE** 2 PROPERTIES - 1 PRICE, TO BE SOLD TOGETHER WITH 512 W SPRING
For more information call or text Mendi Chambers-REALTOR at 903-922-3653 or give the Landmark Realty office a call 903-729-4000

Year Built: c. 1935

Get in Touch	Corby Neal 903-516-2502 mainstreet@palestine-tx.org
Sale Status	For Sale By Agent AVAILABLE FOR SALE 2 PROPERTIES - 1 PRICE, TO BE SOLD TOGETHER WITH 512 W SPRING For more information call or text Mendi Chambers-REALTOR at 903-922-3653 or give the Landmark Realty office a call 903-729-4000 508 & 512 W Main St., Palestine, TX 75801: Prime location in Downtown Palestine with frontage on Spring Street w/ high traffic count. Take your pick of 4 possible storefronts (2 on W. Main & 2 on W Spring). 4 Roll-up doors- 2 with interior loading docks, shop lighting, concrete flooring & more. 13,100 square feet with possibilities for retail warehouse & more. 4 restrooms, mix of private rooms/offices and open concept showroom/warehouse space. Plentiful street parking, HVAC & original walk-in "ice coolers" w/ historic doors (would be great storage or offices). Buildings are currently accessible to each other inside but could be separated easily if needed. Full list of improvements and other features available. RAILROAD BLOCK B LOT 3, 4, 5, 6 & 7
Price	$300,000 ($58 / sq ft)
Building Size	5,200 (sq ft)
Zoning	CBD, Main Street District, Historic District
Incentives	Local Incentives Available!
Historic Designations	• Not individually listed on the National Register • Not located in a National Register District • Located in a Local District (Not Contributing) • Not a Local Landmark
Sale/Lease availability info last updated: May 14th, 2025

Nearby Businesses

Property Information
Address	508 W Main St Palestine, Texas 75801
Zoning Uses Allowed	Lodging, Retail, Restaurant, Personal Services, Office
Lot Size (acres)	0.1194
Official Sq Ft	5,200
Commercial Units	1
Commercial Sq Ft	5,200
Year Built	c. 1935
Last Sale Date	April 30th, 2010
Parcel Number	R0034661
Subdivision	Railroad
Legal Description	Railroad Block B Lot 6&7
Located Within	Local Historic District Main Street District

Survey Recommendations
Type	Building - Commerce
Stylistic Influences	Commercial_style
Alterations/Additions	slipcovered façade
Survey Recommendations	Not Individually Eligible
Priority	Low
Historic Resources Survey	Downtown Historic District Survey Update
Survey Date	2014

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