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214-760-6770 - DFW
903-560-4975 - Fannin County

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$725,000
New Listing

115 N 1 st Street
Midlothian, TX 76065

For Sale|Business|Active
0
Beds
0
Total Baths
3,038
SqFt
$239
/SqFt
1902
Built
Subdivision:
R M Wyatt
County:
Ellis
Call Now: 214-760-6770
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214-760-6770
115 N 1 st Street115 N 1 st Street115 N 1 st Street115 N 1 st Street
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Rare opportunity to acquire a renovated historic 1902 Craftsman property with proximity to US Hwy 287, ideally suited for office, retail, or mixed-use business. Located just one lot off Main Street in downtown Midlothian, with direct views of Kimmel Park, this property offers excellent exposure and accessibility. Thoughtfully updated in 2022 with an emphasis on preserving original character, the property features flexible interior space easily adaptable for professional offices, boutique retail, or a bed & breakfast concept. Recent improvements include new roof, all windows replaced, updated lighting, plumbing fixtures, and more. Energy-efficient tankless water heater—minimizing upfront capital expenditures. Positioned on nearly half an acre, the site provides ample on-site parking and strong potential for business operations or client traffic. The detached 50' x 25' Mueller metal building with electric, water, workshop space, and loft storage adds valuable functionality for storage, operations, or additional workspace. The fully fenced lot enhances security, while the covered patio with built-in gas grill offers potential for client-facing outdoor space or hospitality use. Surrounded by established commercial activity—including adjacent properties already zoned for business use—this location supports a variety of income-producing opportunities, including professional office, retail boutique, salon, short-term rental, or live work conversion. Prime downtown Midlothian commercial corridor location with strong visibility, flexible use potential, and historic appeal—ideal for investors or owner-operators seeking a distinctive business presence.

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Listing Snapshot
Price 
$725,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,038 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.45 Acres
Year Built 
1902
MLS® Number 
21230012
Status 
Active
Property Tax 
$8,439
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
an hour agoListing updated with changes from the MLS®
2 hours agoListing first seen on site
General Features
Acres 
0.45
Foundation 
Pillar/Post/Pier
Green Energy Efficient 
ThermostatWindows
Number Of Stories 
2
Parking 
DrivewayGarageGarage Door OpenerGarage Faces FrontWorkshop in Garage
Property Sub Type 
Business
Security 
Smoke Detector(s)
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
3038
Water Source 
Public
Zoning 
Currently residential but can easily be changed to business use
Interior Features
Cooling 
Ceiling Fan(s)Central AirElectric
Flooring 
CarpetCeramic TileHardwood
Heating 
CentralNatural Gas
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Exterior Features
Construction Details 
Wood Siding
Lot Features 
ClearedFew TreesLandscaped
Road Frontage 
City Street
Roof 
Composition
Community Features
Financing Terms Available 
CashConventionalFHAVA Loan
Listing courtesy of Linda Olson of Better Homes & Gardens, Winans linda.olson@winansbhg.com



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-04-06 02:01 PM CDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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