223 Depot St 3,000 SF Retail Building Mansfield, TX 76063 $2,207,010 ($735.67/SF)

INVESTMENT HIGHLIGHTS

  • High traffic count.

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, 3 phase electricity available, 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
1997
Price
$2,207,010
Price Per SF
$735.67
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.53 AC
Parking
18 Spaces (6 Spaces per 1,000 SF Leased)
Frontage
145’ on Depot Street

NEARBY MAJOR RETAILERS

Twisted Root Burger Co.
Chase Bank

PROPERTY TAXES

  • Listing ID: 32234991

  • Date on Market: 6/24/2024

  • Last Updated:

  • Address: 223 Depot St, Mansfield, TX 76063