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116 Depot ST,  Elgin TX, 78621

(Active)
$695,000
|
6,700 sqft
|
MLS# 4966207
Last Updated: 5/11/2024 12:43 PM
Description for 116 Depot ST Elgin, TX 78621
Built in 1890 by Thomas O'Conner, this is the last 2 story building in Elgin that has not been redone! Originally bricks came from Butler Brick , but O'Conner found a source for good clay and made his own. This building sits on a wonderful location, across from Veterans Memorial Park, diagonal from the site of a huge new City Park in the planning stage and just down from what will be Elgin's new police Station. On the back side is the Post Office. With approximately 6700 square feet per BCAD, this building has the possibility of being one of the most important buildings in downtown Elgin.The original freight elevator is still there and in working order! The downstairs would be a good location for a restaurant/venue with plenty of room for outdoor seating at the back with a view of an original mural by the owner of the building! Upstairs has been an artist studio but could be an amazing home, or 3-4 apartments. Elgin is a growing, thriving community and this is a rare opportunity! There are state and federal tax credits as well as the potential of funds through Elgin's EDC for the right project!
Price
$695,000
Elgin City
Bastrop
6,700 (approx)
4966207
Active
Description
Built in 1890 by Thomas O'Conner, this is the last 2 story building in Elgin that has not been redone! Originally bricks came from Butler Brick , but O'Conner found a source for good clay and made his own. This building sits on a wonderful location, across from Veterans Memorial Park, diagonal from the site of a huge new City Park in the planning stage and just down from what will be Elgin's new police Station. On the back side is the Post Office. With approximately 6700 square feet per BCAD, this building has the possibility of being one of the most important buildings in downtown Elgin.The original freight elevator is still there and in working order! The downstairs would be a good location for a restaurant/venue with plenty of room for outdoor seating at the back with a view of an original mural by the owner of the building! Upstairs has been an artist studio but could be an amazing home, or 3-4 apartments. Elgin is a growing, thriving community and this is a rare opportunity! There are state and federal tax credits as well as the potential of funds through Elgin's EDC for the right project!
Listing Information
Property Type: Business Opportunities, 2 Story
0.13 Acres 6,700 (approx) 1935
2 Brick
Elgin City
Pillar/Post/Pier, Slab
Public
Public Sewer
Electricity Connected, Sewer Connected
Other
Neighborhood
Room Information
Interior Features
Wood
Central Air
Other, Central
Exterior / Lot Features
6 Parking Spaces, Alley Access
Brick
Other, Greenbelt
Zoned C 3/1 and Zone 1 allowing 50% Commercial in
Level
Driving Directions
Located at the corner of Avenue C and Depot Street
Financial Considerations
R12346
$14,272
Cash, Conventional
Listing Price History

Elgin Real Estate

Elgin is located in Texas. Elgin, Texas 78621 has a population of 9,282.

The median household income in Elgin, Texas 78621 is $73,163. The median household income for the surrounding county is $69,996 compared to the national median of $66,222. The median age of people living in Elgin 78621 is 40 years.

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Courtesy: Winkler & Co REALTORS, Menley, (512) 963-1113
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS
This content last refreshed on 5/11/2024 12:43 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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