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Mixed-Use

The Historic Purse Building

601 Elm St, Dallas, TX 75202

Listing Price: Request For Offer

Lot Size
0.23 acres
Land Type
Redevelopment

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the Purse Building, a 65,000-rentable-square-foot redevelopment site in the historic West End District of Downtown Dallas. Built in 1905, the building has been completely stripped to reveal the original flooring and walls. A new owner can finish out an amenity roof deck of up to 3,300 square feet. The site is zoned CA-1, central area district 1, within a Historic Landmark Overlay District and falls within the City Center TIF District allowing for tax incentives & abatements. The Purse Building is located in a prime Dallas CBD location, with heavy traffic counts, convenient public transportation and nearby retail and attractions.

Investment Highlights

  • 65,000-SF Historic Asset Ideal for Mixed-Use Redevelopment | Tax Abatements Available
  • Located in the historic West End District of Downtown Dallas
  • Average HH Income Exceeds $137,000 in a One-Mile Radius

Exclusively Listed By

Financing By

Mixed-Use

The Historic Purse Building

Listing Price: Request For Offer

Lot Size
0.23 acres
Land Type
Redevelopment

Investment Highlights

  • 65,000-SF Historic Asset Ideal for Mixed-Use Redevelopment | Tax Abatements Available
  • Located in the historic West End District of Downtown Dallas
  • Average HH Income Exceeds $137,000 in a One-Mile Radius

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the Purse Building, a 65,000-rentable-square-foot redevelopment site in the historic West End District of Downtown Dallas. Built in 1905, the building has been completely stripped to reveal the original flooring and walls. A new owner can finish out an amenity roof deck of up to 3,300 square feet. The site is zoned CA-1, central area district 1, within a Historic Landmark Overlay District and falls within the City Center TIF District allowing for tax incentives & abatements. The Purse Building is located in a prime Dallas CBD location, with heavy traffic counts, convenient public transportation and nearby retail and attractions.

Exclusively Listed By

Financing By

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