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Lamberts 1971/1975 S Tyler rd

3,815 SF 100% Leased Retail Building Gladewater, TX 75647 $345,000 ($90/SF)

Investment Highlights

  • High Traffic Area
  • Open Concept Rental Space: The second storefront is an open-concept space with a bathroom, suitable for various business types.
  • Flexible Purchase Option: Liquor inventory can be purchased separately, offering flexibility for potential buyers.
  • Two Storefronts: Currently operates as a liquor store and a retail store, offering versatile business opportunities.
  • Liquor Store Features: Includes a walk-in cooler, storage room, and bathroom, making it fully equipped for retail.
  • Additional Income Source: Includes rental income from a food truck, providing a steady revenue stream.

Executive Summary

Perfect location in high traffic area and plenty of parking. Currently a liquor store and a retail store but has endless possibilities.2 storefronts. Liquor store side has walk in cooler, storage room and bathroom. Rental side features an open concept and bathroom. Additional income from food truck.
Liquor can be purchased separately.
Owners runs liquor store, plus has 2 tenants. Retail store and food truck.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,815 SF
Year Built
1945
Price
$345,000
Price Per SF
$90
Percent Leased
100%
Building Height
1 Story
Building FAR
0.03
Lot Size
3.50 AC
Opportunity Zone
Yes
Zoning
A

Amenities

  • Corner Lot
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11007
Land Assessment
$54,800
Improvements Assessment
$92,670
Total Assessment
$147,470
  • Listing ID: 31949184

  • Date on Market: 5/29/2024

  • Last Updated:

  • Address: 1971/1975 S Tyler rd, Gladewater, TX 75647

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