104 W Elm St, Hillsboro, TX | 102 W Elm St
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104 W Elm St, Hillsboro, TX 102 W Elm St
3,264 SF Retail Building Hillsboro, TX 76645 $240,000 ($74/SF)
Investment Highlights
- High Traffic Area
- Historic Downtown Hillsboro location!
- Multi-Unit Investment Opportunity!
Executive Summary
Affordable commercial space in the heart of Hillsboro's downtown Historic square just West of the Courthouse. Full of character and located next door to Branded Burger with storefront visibility on the heavily traveled thoroughfare to Lake Whitney! 2 units consisting of approx 1632sqft each having their own electric meter. Unit 1 at 102 W Elm consists of 2 offices spaces, each with a mini split AC Heat unit and is currently rented with a tenant until Aug of 2025. Unit #2 at 104 W Elm operated as a store front boutique with 1 dividing wall and will be open at end of October 2024. Both units have substantial storage area in the back of the building with extra tall ceilings and 1 stall restrooms each. Units may be sold separately for 180K each and will need an additional water meter to separate. Please see associated docs for more information.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
3,264 SF
Year Built
1945
Price
$240,000
Price Per SF
$74
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.00
Lot Size
0.07 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
12 Spaces (3.68 Spaces per 1,000 SF Leased)
Amenities
- Tenant Controlled HVAC
- Storage Space
- Recessed Lighting
Walk Score ®
Very Walkable (71)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 113076 | Improvements Assessment | $40,130 |
| Land Assessment | $8,550 | Total Assessment | $48,680 |
PROPERTY TAXES
Parcel Number
113076
Land Assessment
$8,550
Improvements Assessment
$40,130
Total Assessment
$48,680
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104 W Elm St, Hillsboro, TX | 102 W Elm St
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