Seller financing available! Positioned just off the square in downtown Comanche, this iconic three-story building offers a rare opportunity to create a landmark mixed-use property in one of Central Texas’ most charming small towns. The ground level features three retail spaces, ideal for boutiques, cafés, or service businesses seeking steady foot traffic from the vibrant downtown square. A cornerstone laid by local Masonic lodges in 1909 marks the building as a true piece of Comanche’s early 20th-century history. The historic square is known for energized nightlife, local shopping, diverse dining, and new wineries and businesses that continue to enhance the area’s appeal. The second floor includes seven efficiency-type apartments, offering a strong foundation for long-term rentals, short-term stays, or workforce housing for educators, healthcare professionals, and other local employers in this growing small-town market. The unique third floor features a large, natural light-filled ballroom-style space, ideal for an event venue, creative studio, co-working space, or private club, with separate access for added flexibility and privacy. This level also includes a two-bedroom apartment with town views, creating a standout residential or executive rental opportunity. Ready for renovation, the building provides a blank canvas to design and build your vision. With multiple income streams under one roof—retail, residential, and event or specialty use—this property is well positioned for an investor or developer seeking value-add potential in a community with strong local pride and growing tourism. For those looking to invest in character, location, and upside, this downtown Comanche property offers the chance to transform a historic structure into a cornerstone of the city’s continued growth.