111 W 5th St
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111 W 5th St
15,080 SF Vacant Office Building Tyler, TX 75701 $1,625,000 ($108/SF)
Investment Highlights
- 15,080 SF
- Many Reception Areas
- Interior and Exterior Staircases
Executive Summary
This property has a prime location at the intersection of 5th Street & Broadway Ave in the heart of Tyler. This building offers unparalleled proximity to East Texas’ burgeoning retail corridor, downtown central business district, multiple courthouses, three colleges, and three major hospitals. The two-story brick building encompasses nearly 19,200 square feet, featuring a durable metal roof. The ground floor provides approximately 10,000 square feet of finished space, while the upper floor includes 5,000 square feet of completed space and an additional 5,000 square feet of unfinished area. Ample parking is available. Notably, there is a filled-in pool beneath the playground that can be restored, adding further value to this versatile commercial property.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
15,080 SF
Building Class
C
Year Built
1983
Price
$1,625,000
Price Per SF
$108
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,540 SF
Building FAR
0.39
Lot Size
0.88 AC
Zoning
F1 - Commercially zoned
Parking
47 Spaces (3.12 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
First and Second Floor For Lease
First and Second Floor For Lease
Space | Size | Space Use | Condition | Available |
1st Floor | 7,540 SF | Office | - | Now |
2nd Floor | 7,540 SF | Office | - | Now |
1st Floor
Size |
7,540 SF |
Space Use |
Office |
Condition |
- |
Available |
Now |
2nd Floor
Size |
7,540 SF |
Space Use |
Office |
Condition |
- |
Available |
Now |
1st Floor
Size | 7,540 SF |
Space Use | Office |
Condition | - |
Available | Now |
First and Second Floor For Lease
2nd Floor
Size | 7,540 SF |
Space Use | Office |
Condition | - |
Available | Now |
First and Second Floor For Lease
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PROPERTY TAXES
Parcel Number | 1-50000-0297-00-009000 | Improvements Assessment | $334,341 |
Land Assessment | $148,320 | Total Assessment | $482,661 |
PROPERTY TAXES
Parcel Number
1-50000-0297-00-009000
Land Assessment
$148,320
Improvements Assessment
$334,341
Total Assessment
$482,661
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111 W 5th St
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