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$ 485,000
Est. payment | /mo
11,455 SqFt
$ 485,000
Est. payment | /mo
11,455 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 11,455 sqft
Price per Sqft $42
MLS Listing ID 26-6231
Year Built 1908
Annual Tax Amount $3,692
Acres 0.13
Lot Dimensions 50' x 115'
Source Amarillo Association of REALTORS®
Property Description
Positioned on the prominent corner of Main Street and Avenue B NW in the heart of historic downtown Childress, the iconic Cristler & Davidson Building offers a rare opportunity to acquire an income-producing mixed-use investment with immediate cash flow and long-term upside. Originally constructed in 1908, this landmark two-story building with a full basement occupies a 50' x 115' corner lot and combines retail, office, residential, and redevelopment potential.
The ground floor features a spacious retail storefront with approximately 50 feet of display windows along Main Street, providing outstanding visibility for retail, restaurant, office, or service-oriented businesses. The property currently benefits from an executive/workforce housing lease that includes one upper loft ....see mor apartment and the rear office suite, providing immediate rental income through June 20, 2027. The second loft apartment and the Main Street commercial space provide additional opportunities for lease income or owner occupancy, allowing a buyer to increase occupancy and income potential based on their investment strategy.
The basement consists of multiple interconnected areas with interior access, alley access, and direct sidewalk access, providing flexibility for storage, inventory, workshops, event space, creative uses, wine storage, private club, or other redevelopment possibilities, subject to buyer due diligence and any required approvals. A historic skylight feature once provided natural light to the main level and remains an interesting architectural element.
Whether you're seeking a stabilized investment, an owner-occupied commercial building with supplemental income, or a long-term redevelopment opportunity, this property offers a unique combination of history, location, flexibility, and investment potential.
Qualified buyers only. A current lender pre-approval letter, pre-qualification letter, or proof of available funds is required prior to scheduling a showing.
Showings are by appointment only. No trespassing. Please do not access the property or disturb the tenants without being accompanied by the Listing Broker or another licensed real estate agent who has received prior written authorization from the Listing Broker.
As with any Exclusive Listing Agreement, owners are not to negotiate with prospective buyers but should refer all inquiries to the Listing Broker.
This property is for sale only. It is not for lease, not for rent, and owner financing is not available.
The ground floor features a spacious retail storefront with approximately 50 feet of display windows along Main Street, providing outstanding visibility for retail, restaurant, office, or service-oriented businesses. The property currently benefits from an executive/workforce housing lease that includes one upper loft ....see mor apartment and the rear office suite, providing immediate rental income through June 20, 2027. The second loft apartment and the Main Street commercial space provide additional opportunities for lease income or owner occupancy, allowing a buyer to increase occupancy and income potential based on their investment strategy.
The basement consists of multiple interconnected areas with interior access, alley access, and direct sidewalk access, providing flexibility for storage, inventory, workshops, event space, creative uses, wine storage, private club, or other redevelopment possibilities, subject to buyer due diligence and any required approvals. A historic skylight feature once provided natural light to the main level and remains an interesting architectural element.
Whether you're seeking a stabilized investment, an owner-occupied commercial building with supplemental income, or a long-term redevelopment opportunity, this property offers a unique combination of history, location, flexibility, and investment potential.
Qualified buyers only. A current lender pre-approval letter, pre-qualification letter, or proof of available funds is required prior to scheduling a showing.
Showings are by appointment only. No trespassing. Please do not access the property or disturb the tenants without being accompanied by the Listing Broker or another licensed real estate agent who has received prior written authorization from the Listing Broker.
As with any Exclusive Listing Agreement, owners are not to negotiate with prospective buyers but should refer all inquiries to the Listing Broker.
This property is for sale only. It is not for lease, not for rent, and owner financing is not available.
Location
State TX
County Childress
Area 8001 - Childress
Direction From US Hwy 287 in Childress, turn south on Main St and drive four blocks to 141 N Main. Property on west side of Main.
Region Childress
City Region Childress
Interior
Cooling Central Air
Flooring Carpet, Wood
Exterior
Utilities Available Electric, City Sewer
View Y/N No
Roof Type Built Up
Road Frontage City Street
Others
Tax ID Amy Elizabeth Bishop
Ownership Amy Elizabeth Bishop
Listed by Chad Holland • Chad Holland Real Estate
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