416 W Palestine Ave Avenue Palestine TX 75801 MLS #21197740

Prime investment and live-work opportunity in a highly visible location along busy Palestine Avenue. Zoned commercial while currently benefiting from a homestead exemption, this versatile property offers exceptional flexibility for residential living, business use, or investment potential.

Featuring approximately 1,366 sq. ft., the property includes 2 bedrooms, 2 full bathrooms, and an open-concept layout with abundant natural light, spacious rooms, and flexible living areas that can easily adapt to residential or professional use. Whether you’re envisioning a primary residence, boutique office, salon, studio, rental property, or small business, this property offers endless possibilities.

Situated on approximately 0.30 acres across two combined lots (Lots 5 &#38' 6), the property provides additional outdoor space with potential for expanded parking, outdoor seating, storage, or future improvements. Additional highlights include central heating and air, city utilities, and excellent visibility with steady traffic exposure.

Conveniently located near local businesses, dining, and major thoroughfares, this is a rare opportunity for investors, entrepreneurs, or homeowners seeking flexibility, visibility, and long-term potential.

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