$485,000

Positioned on the corner of Main Street and Avenue B NW in historic downtown Childress, the Cristler & Davidson Building offers a rare opportunity to acquire an income-producing mixed-use investment with immediate income and significant value-add opportunity. Originally constructed in 1908, this two-story landmark with a full basement occupies a 50' x 115' corner lot and offers retail, office, residential, and redevelopment potential. The ground floor features a retail storefront with approximately 50 feet of Main Street frontage. An executive and workforce housing lease currently includes one upper loft apartment and the rear office, providing rental income through June 20, 2027. The second loft apartment and Main Street commercial space offer additional leasing opportunities or owner occupancy. The basement includes multiple interconnected areas with interior, alley, and sidewalk access, offering flexibility for storage, workshops, event space, creative uses, wine storage, private club, or potential speakeasy-style lounge, subject to buyer due diligence and applicable approvals. Recognized as a contributing property within the Childress Commercial and Civic Historic District, the building has served the community for more than a century. Childress continues to experience strong commercial activity, regional economic investment, and increased demand for executive and workforce housing, supporting future leasing potential. Qualified buyers only. Pre-approval, pre-qualification, or proof of funds required before showing. NO TRESPASSING. Do not access the property or disturb owners or tenants. Showings by appointment with the Listing Broker or another licensed real estate agent authorized by the Listing Broker. Owners should refer all inquiries to the Listing Broker. Property is for sale only. Not for lease, rent, or owner financing.