17451 US 377 Hwy
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17451 US 377 Hwy
6,400 SF 100% Leased Retail Building London, TX 76854 $219,900 ($34/SF)
Investment Highlights
- Current Grill operating
- Directly across from London Dance Hall
- Building and equipment being sold
Executive Summary
Today, London Grocery & Grill stands proud, a beacon of the community’s spirit, encompassing approximately 6,400 sq ft of combined commercial/residential potential. Nestled in the heart of a quaint small town that blends the charm of history with the pulse of present-day life, London Grocery & Grill stands as a testament to the endurance of family enterprise and community service. Established in the early 1900s, this remarkable building began its journey as a simple grocery store its foundations laid with bricks of diligence and mortar of tradition. The potential offered in this property to create possible rental apartment upstairs, updating of the Grocery & Grill as well as potential for additional rental space. Grill is still currently serving Breakfast & lunch to customers and very much operational. Remaining areas of the building are in need of some TLC and updating. Pricing is in the real estate and fixtures.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Deferred Maintenance
Property Type
Retail
Property Subtype
Storefront
Building Size
6,400 SF
Building Class
C
Year Built
1935
Price
$219,900
Price Per SF
$34
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.36
Lot Size
0.41 AC
Zoning
Commercial - Unrestricted
Frontage
200 FT on N US Hwy. 377
Amenities
- Corner Lot
- Restaurant
- Storage Space
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 4903 | Improvements Assessment | $199,620 |
| Land Assessment | $4,680 | Total Assessment | $204,300 |
PROPERTY TAXES
Parcel Number
4903
Land Assessment
$4,680
Improvements Assessment
$199,620
Total Assessment
$204,300
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17451 US 377 Hwy
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