The following is the current list of properties located in historic Downtown Nacogdoches that are currently available for lease or purchase.
Downtown Property Update
Downtown Nacogdoches Incentives
Businesses interested in locating and relocating into the Downtown Nacogdoches sector are eligible for many incentives, including:
- Tax Abatements
- Historic Restoration Grants
- Federal Historic Tax Credits
- Located within the Historic Overlay District
- Free Design Assistance from the Texas Historical Commission
- Sign & Façade Grants
The City of Nacogdoches offers tax abatements to historic structures located in Downtown Nacogdoches. The City of Nacogdoches may grant tax abatement on the increment in value added to a particular property by a specific development proposal that meets the economic goals and objectives of the city. The tax abatement applies to both exterior and interior work on a building located within the Downtown Historic Overlay District.
The City of Nacogdoches Historic Sites Department has a Historic Restoration Grant Program for private property owners and government agencies other than the City of Nacogdoches. Funding for this program is provided through hotel/motel occupancy tax funds and provides $25,000 annually to be matched by private sources. The program offers a unique funding opportunity for small business owners located within the city’s Historic Overlay Zoning. Additionally, the Historic Restoration Grant Program can match a maximum of 50 percent needed by businesses within the Historic Overlay District.
Downtown Nacogdoches is considered a National Historic Registered district, allowing property owners to apply for federal historic tax credits. The federal rehabilitation tax credit will be available to persons and the entity holding title to the property applying for.
Downtown Nacogdoches is located within the Historic Overlay District. A location in the downtown historic overlay district provides insurance of stable property values. A property owner who invests capital in a building downtown can be assured that the surrounding properties will remain in good condition and will have architectural controls placed on them so that unsightly or improper development will not occur and detract from their property.
As a participating Main Street city, building owners in the downtown district are eligible for free design assistance from preservation architects at the Texas Historical Commission.
If you are interested in finding suitable retail space in the downtown district, contact Main Street manager at 936-559-2573.