Located in the heart of historic Old Town Lewisville, 189 Elm Street represents a rare opportunity to own an income-producing commercial property in one of DFW's most actively revitalizing urban districts. Building 1 is 100% leased with in-place income from day one. Building 2 includes Suite 106/107 — 1,447 SF available for owner-occupancy, giving a business owner the unique advantage of building equity while offsetting carrying costs with existing tenant revenue. Recent capital improvements include a new Class IV roof, fresh exterior paint, and updated landscaping. Private on-site parking is a premium and increasingly scarce amenity in Old Town. The property sits at the corner of Elm Street and S. Charles — one block from Main Street and surrounded by the city's most active dining, retail, and civic investment.
This information is for educational purposes only. Consult a qualified tax professional before making investment decisions.
Old Town Lewisville is in the middle of a once-in-a-generation transformation. Over the past three years, the city has invested heavily in transit-oriented infrastructure, streetscape improvements, and zoning incentives that have attracted a wave of private capital into the district. The DCTA Old Town Station sits two blocks from the property, anchoring a walkable corridor that now includes craft breweries, upscale dining, and a renovated civic theater.
New multifamily projects like Aura Main Street are delivering 325 units of density directly adjacent to the property, bringing foot traffic and a built-in customer base for ground-floor tenants. With a Frost Bank branch, the Lewisville Playhouse, and a growing roster of independent retail, Old Town is positioning itself as the cultural and commercial center of one of North Texas's most undervalued markets.
One block from Main Street. One block from transit. One block from the most active revitalization corridor in North Texas.
189 Elm Street — Old Town Lewisville
Move your business in on day one. Build equity while existing tenants offset your carrying costs. This is the rare commercial play where you win both ways — occupancy and income.