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Kapeesh, LLC 247 W Milam St

2,229 SF 100% Leased Office Building Wharton, TX 77488 $250,000 ($112/SF)

Investment Highlights

  • One block from the courthouse square
  • Open plan with partially exposed brick walls
  • Lots of free public parking

Executive Summary

This two-story, 2,229 sq. ft. property is one block from the historic courthouse square, one block
from Richmond Rd./Business 59, two blocks from the Colorado River and within walking distance of restaurants, retail, professional services, and multiple residential clusters. Built in 1920 and recently renovated the property has not flooded in recorded history.
The inside HVAC (air handler) is new. The outdoor unit did not get replaced. All regularly maintained under service agreement with local company (Roberson).

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,229 SF
Building Class
B
Year Built/Renovated
1920/2019
Price
$250,000
Price Per SF
$112
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
1,115 SF
Building FAR
0.73
Lot Size
0.07 AC
Zoning
No zoning in wharton - No zoning in Wharton
Parking
2 Spaces (0.9 Spaces per 1,000 SF Leased)

Amenities

  • Security System
  • Central Heating
  • High Ceilings
  • Secure Storage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R026020
Land Assessment
$23,819
Improvements Assessment
$107,965
Total Assessment
$131,784
  • Listing ID: 29951899

  • Date on Market: 11/2/2023

  • Last Updated:

  • Address: 247 W Milam St, Wharton, TX 77488

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