$225,000

101 N Rice Street, Hamilton TX 76531. Historic two story commercial building circa 1920 of approximately 3000 square feet on a high visibility corner lot at the busy intersection of US Highway 281 and State Highway 36 in downtown Hamilton. Thousands of vehicles pass this intersection daily as the main north south and east west routes through town. Currently leased to the Hamilton Herald News for 1500 per month with approximately 10 months remaining on the lease. The building retains strong period character including original ceiling details and light fixtures that can be revealed by removing the 1960s suspended ceiling along with decorative elements, granite accents, and two antique safes. Brick flooring, open volume, and a mezzanine overlook add to the distinctive feel. A rear parking area provides space for two vehicles. Metal roof was installed in 2019 and a new AC unit was installed in 2026. Located in the Main Street CBD district with zoning that allows a wide range of downtown business uses. Flexible space suitable for continued office or newspaper use, retail, professional services, or light value add redevelopment after the current lease. The property offers current cash flow, recent roof and HVAC updates, limited on site parking, and authentic downtown character on one of Hamilton's busiest corners. Ideal for an investor seeking income while the lease runs or a buyer who wants to restore and reposition the building once the tenant period ends. All information should be independently verified. Square footage, lease terms, and traffic figures are approximate based on available data.