141 N Main Street

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.