- For Sale $499,000
- Property Type Retail
- Property Size 9,076 SF
- Date Updated Oct 31, 2026
Description
A rare opportunity to own a fully renovated, income-producing commercial building in the heart of historic downtown Iola. Spanning two street addresses under one roofline, this 9,076-square-foot brick building sits on a corner lot with strong Main Street visibility and multiple points of access. Originally built as a general merchandise store — the painted-brick signage for "Groceries, Hardware, Dry Goods" is still visible on the exterior — the building has been thoughtfully repositioned as a multi-use commercial destination, currently operating as an antiques and vintage goods market with additional built-out space for events and personal services.
Highlights
- 11,900 SF corner lot with dual street frontage and off-street parking
- 9,076 SF of finished, climate-controlled commercial space across a single-story footprint with segmented retail bays
- Large open-concept event and gathering space with high ceilings, statement lighting, and flexible floor plan currently staged for private dining and small events
- Multiple distinct merchandising zones and finished rooms, including an open showroom floor, dedicated themed retail vignettes, a lounge/reception area, and a private treatment/service suite with plumbing, vanity stations, and salon-grade fixtures already in place
- Original brick exterior, pressed-tin ceilings, and exposed structural elements throughout a distinctive architectural asset that supports premium retail, hospitality, or event positioning
- Separate restroom facilities and a full utility/wash-up area
- Two legal addresses (7216 & 7228 Main Street) allow for single-tenant use or division into separate leasable units
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Contacts
Justin Whitworth
Oldham Goodwin Group
Location
Located at 7216 & 7228 Main Street, Lola, TX 77861, this property is part of the Iola neighborhood and Houston market.
Contact Listing Broker
Justin Whitworth
Oldham Goodwin Group
