Mixed-Use
The Historic Purse Building
601 Elm St, Dallas, TX 75202
Listing Price: Request For Offer
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
Listing Price: Request For Offer
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
