1907 W OAK STREET, PALESTINE, TX 75801
Homes for sale in Palestine.
Homes for sale in 75801.
List Price$350,000
1907 W Oak Street
Palestine, TX 75801
Listing #20915906
1,710
Square Feet
1
Number of Units
Commercial
Type
About This Property
Prime Investment Opportunity -- Established Restaurant & Versatile Commercial Space! This property is an ideal investment for entrepreneurs or investors seeking an income-producing asset. The property offers a rare opportunity for either owner-occupancy or use as a rental income generator. The front of the building features a warm and inviting atmosphere, with a spacious dining area perfect for guests to relax and enjoy. Palestine is a booming North- East Texas town with load of potential with 2025 Population of 19,907 people and this location has TX Dot Traffic Annual Count: 11,525. The fully-equipped commercial kitchen includes stainless steel appliances, ample prep space, ice machine, and storage -- ready for immediate use. Whether you want to expand within the restaurant industry, convert it into an event venue, retail shop, or explore other hospitality concepts, this property is full of potential. With its prime location the opportunity is one you won't want to miss this! Buyer to verify all information within and functionality of any equipment.
Property Features
Location Information
County
Anderson
Subdivision
Joseph Jordan League
Interior Features
Has Fireplace
No
Floors
Vinyl
Heating
Central, Electric
Tenant Pays
All Utilities
Cooling
Central Air, Electric
Total Number of Units
1
Exterior Features
Construction
Block, Concrete
Lot Size in Sq. Ft.
17,859
Foundation
Slab
Possible Best Use
Food Service, Restaurant
Roof
Shingle
Zoning
Commercial
Utilities
Sewer Available, Water Available
Building Total Area (Sq. Ft.)
1,710
Parking Description
Additional Parking, Common, Concrete, Covered
Road Description
City Street
Lot Description
Cleared, Level
Is One Story
No
Lot Size in Acres
0.41
Lot Description
Cleared, Level
Additional Information
Year Built Details
Preowned
Status
Active Under Contract
Property Type
COM
Tax Annual Amount
5702.0
Property SubType
Business
Documents Available
Aerial
Year Built
1950
Lot Acres Source
Public Records
Similar Listings
Mortgage Calculator
$1,633
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,261
Monthly Tax
$291
Monthly Insurance
$81
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Delanee Clark, RE/MAX Landmark
© 2026 North Texas Real Estate Information Systems. All rights reserved.
We do not independently verify the currency, completeness, accuracy or authenticity of the data contained herein. The data may be subject to transcription and transmission errors. Accordingly, the data is provided on an "as is, as available" basis only.
NTREIS - North Texas data last updated at May 17, 2026, 3:26 AM CT
Real Estate IDX Powered by iHomefinder