Ideal Hondo small business location | 1002 18th St
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Ideal Hondo small business location 1002 18th St
3,500 SF Retail Building Hondo, TX 78861 $190,000 ($54/SF)
Investment Highlights
- Daytime and foot traffic for ideal for restaurant or retail venture.
- Low taxes. Current tenants are month to month.
- Corner lots in heart of downtown.
- Prime location
Executive Summary
Seller is motivated. Cash sale preferred. Prime location in heart of downtown Hondo with excellent daytime traffic. Priced for land only as the structure is outdated. End of block so a drive-thru QSR or business that can benefit from excellent lunch or daytime traffic is possible. Hondo is growing with new leadership and direction so this is a solid investment for a small business just blocks from City Hall, post office, and surrounded by restaurants and shops.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,500 SF
Building Class
C
Year Built
1930
Price
$190,000
Price Per SF
$54
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.42
Lot Size
0.19 AC
Zoning
CBD - On two commercial zoned lots. Restaurant across the street. Just off Hwy 90. Total for both lots is approx. 9000 sf (.195 acres).
Parking
10 Spaces (2.86 Spaces per 1,000 SF Leased)
Frontage
95 FT on 18th St
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 16403 | Improvements Assessment | $81,930 |
| Land Assessment | $23,890 | Total Assessment | $105,820 |
PROPERTY TAXES
Parcel Number
16403
Land Assessment
$23,890
Improvements Assessment
$81,930
Total Assessment
$105,820
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Ideal Hondo small business location | 1002 18th St
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