Historic Retail Investment

For Sale

7216 & 7228 Main Street, Lola, TX 77861

This lola property for sale is located at 7216 & 7228 Main Street. The current listed sale price for Historic Retail Investment is $499,000.

Contacts

Justin Whitworth

Oldham Goodwin Group

Property Details

  • Property Type Retail
  • Property Size 9,076 SF
  • Date Updated Aug 30, 2026

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.

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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

Getting around

  • 19/100

    Walk Score ®

  • 35/100

    Bike Score ®

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Location

  • City lola, TX
  • Neighborhood Iola
  • Zip Code 77861
  • Market Houston

Points of Interest

  • Bedias Citgo and General Store

    7.46 miles

Contact Listing Broker
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