Portfolio Commercial is pleased to present a three-property commercial investment opportunity located in Bowie, Texas, consisting of retail, office, and multifamily assets positioned within the city’s established downtown corridor.

The portfolio includes:

• 222 N Mason St, Bowie, TX – ±5,750 SF retail building with an existing tenant (Belladonna) occupying the ground floor

• 201 Walnut St, Bowie, TX – ±10,726 SF mixed-use office building with approximately 5,300 SF of finished office space and a partially unfinished second floor

• 106 N Smythe St, Bowie, TX – ±1,360 SF remodeled duplex providing residential income

Totaling approximately 17,800+ square feet, this portfolio presents a rare opportunity to acquire multiple asset types at a basis that allows for repositioning, lease-up, and long-term value creation.

These properties are located within close proximity to one another, allowing for operational efficiency and simplified management for an investor seeking to control multiple assets within a single submarket.

INVESTMENT NARRATIVE

This is a value-add portfolio designed for investors who understand how to create equity through execution.

Each property presents a different stage of stabilization:

• 222 N Mason St offers in-place retail income with future upside through tenant stabilization and potential rent growth

• 201 Walnut St provides a large footprint with significant vacancy and unfinished space, ideal for an investor to lease, subdivide, or reposition for office, retail, or alternative commercial use

• 106 N Smythe St delivers residential income from a remodeled duplex, offering a more stabilized component within the portfolio

While the properties require varying levels of improvement and active management, the combined offering allows a buyer to diversify income streams while maintaining a low overall acquisition basis.

For the right investor, this portfolio represents an opportunity to:

• Increase occupancy

• Improve property condition

• Drive rental income

• Create long-term appreciation

INVESTMENT HIGHLIGHTS

• Three-property portfolio across retail, office, and multifamily sectors

• Total building area: ±17,800+ SF

• Attractive basis relative to replacement cost

• Existing income in place with additional upside potential

• Value-add opportunity through lease-up and renovations

• Mixed tenant exposure reduces reliance on a single income stream

• Walkable proximity between assets for operational efficiency

• Flexible exit strategies, sell individually or as a portfolio

• Ideal for investors seeking small-market opportunities with scale

PROPERTY BREAKDOWN

222 N Mason St – Retail Asset

• ±5,750 SF building

• Ground floor retail tenant (Belladonna)

• Downtown Bowie location with visibility and accessibility

• Opportunity to stabilize tenancy and increase rents over time

201 Walnut St – Office / Mixed-Use Asset

• ±10,726 SF building

• ±5,300 SF built-out office space

• Second floor unfinished, offering significant upside

• Ideal for office users, co-working, conversion, or redevelopment

106 N Smythe St – Multifamily Asset

• ±1,360 SF duplex

• Recently remodeled

• Provides residential income component

• Lower management intensity compared to commercial assets

LOCATION OVERVIEW

Bowie, Texas is a growing North Texas community located along US Highway 287, providing connectivity between the Dallas-Fort Worth Metroplex and Wichita Falls. The area serves as a regional hub for surrounding rural communities, supporting a mix of local businesses, retail services, and professional offices.

The subject properties are located within Bowie’s downtown and surrounding commercial corridors, benefiting from:

• Established local business presence

• Consistent local traffic patterns

• Proximity to major roadways including US-287

• Access to regional population centers

The market is characterized by limited inventory, lower entry pricing, and strong demand for functional space, making it attractive to investors seeking yield outside of major metro areas.

OFFERING SUMMARY

• Portfolio Price: $874,000

• Total Buildings: 3

• Total SF: ±17,800+

• Asset Types: Retail, Office, Multifamily

• Location: Bowie, Texas

OFFERING STRUCTURE

Ownership is offering the portfolio for sale as a package or on an individual basis.

Buyers have the flexibility to:

• Acquire all three assets for scale and diversification

• Target individual properties based on investment strategy

• Combine select assets to create a tailored portfolio

This flexibility expands the buyer pool and allows for multiple acquisition strategies, including investors, owner-users, and small portfolio buyers.

INVESTMENT STRATEGY

This portfolio is best suited for a buyer who is:

• Comfortable with value-add and repositioning opportunities

• Looking to acquire multiple assets at a low overall basis

• Interested in small-market investing with upside potential

• Capable of leasing, improving, and actively managing properties

This is not a passive, fully stabilized investment. It is an opportunity to step in, execute, and create value.

17,800sf+

Individual Prices

• 222 N Mason St: $385,000

• 201 Walnut St: $290,000

• 106 N Smythe St: $199,000

Full Portfolio Price

• Total: $874,000