223 Depot St
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223 Depot St
3,000 SF Retail Building Mansfield, TX 76063 $2,207,000 ($736/SF)
Executive Summary
Incredible Commercial Opportunity in the Heart of Downtown Mansfield, Texas
Located just off Main Street, in a prime development location with a hard corner on both Sycamore and Depot streets. The local area sees a total of 35,338 vehicles daily. The subject property boasts 3,000 square foot of building space with an existing parking lot along with additional parking across Sycamore Street.
Area utilities include city water, telephone services, electricity, and natural gas. The property is zoned for commercial use allowing for restaurants, brewery, retail, entertainment and much more.
The property features level to sloping terrain with ample parking and outdoor seating, the property is set up with a state-of-the-art kitchen allowing for expedited restauranteering.
Seize this unique chance to own part of the Historic Downtown Mansfield. The local area dates back to the early 1800’s. For more details and to explore this opportunity. Contact us today!
MARKET HIGHLIGHTS
Mansfield, Texas offers several benefits. The city’s strategic location in the Dallas-Fort Worth metroplex ensures excellent accessibility. Mansfield’s robust and diverse economy, coupled with pro-business policies, fosters a thriving commercial environment. The city’s significant population growth and high quality of life increase demand for commercial services. A stable real estate market and continuous infrastructure investment enhance property value and business operations. Additionally, community support and development opportunities make Mansfield a highly attractive location for commercial property investment.
DEMOGRAPHICS: 1 Mile 3 Mile 5 Mile
Total Population 2023 8,157 47,333 129,938
Total Daytime Population 14,381 55,124 114,278
Average HH Income $94,422 $136,543 $144,162
*Demographic data derived from 2023 ESRI
Located just off Main Street, in a prime development location with a hard corner on both Sycamore and Depot streets. The local area sees a total of 35,338 vehicles daily. The subject property boasts 3,000 square foot of building space with an existing parking lot along with additional parking across Sycamore Street.
Area utilities include city water, telephone services, electricity, and natural gas. The property is zoned for commercial use allowing for restaurants, brewery, retail, entertainment and much more.
The property features level to sloping terrain with ample parking and outdoor seating, the property is set up with a state-of-the-art kitchen allowing for expedited restauranteering.
Seize this unique chance to own part of the Historic Downtown Mansfield. The local area dates back to the early 1800’s. For more details and to explore this opportunity. Contact us today!
MARKET HIGHLIGHTS
Mansfield, Texas offers several benefits. The city’s strategic location in the Dallas-Fort Worth metroplex ensures excellent accessibility. Mansfield’s robust and diverse economy, coupled with pro-business policies, fosters a thriving commercial environment. The city’s significant population growth and high quality of life increase demand for commercial services. A stable real estate market and continuous infrastructure investment enhance property value and business operations. Additionally, community support and development opportunities make Mansfield a highly attractive location for commercial property investment.
DEMOGRAPHICS: 1 Mile 3 Mile 5 Mile
Total Population 2023 8,157 47,333 129,938
Total Daytime Population 14,381 55,124 114,278
Average HH Income $94,422 $136,543 $144,162
*Demographic data derived from 2023 ESRI
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,000 SF
Building Class
C
Year Built
1960
Price
$2,207,000
Price Per SF
$736
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Land Acres
1.53 AC
Parking
18 Spaces (6 Spaces per 1,000 SF Leased)
Frontage
145 FT on Depot Street
PROPERTY TAXES
| Parcel Number | 01628887 | Improvements Assessment | $383,520 |
| Land Assessment | $55,540 | Total Assessment | $439,060 |
PROPERTY TAXES
Parcel Number
01628887
Land Assessment
$55,540
Improvements Assessment
$383,520
Total Assessment
$439,060
-
JC Hearn -
Homeland Properties, Inc.
(936) 295-2500
x1241
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