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502 W Colorado 502 W Colorado St

1,892 SF Office Building Victoria, TX 77901 $325,000 ($172/SF)

Investment Highlights

  • Located in Historic District near downtown Victoria

Executive Summary

Located on the corner of W. Colorado and Vine St. in the historic section of Victoria. Currently a commercial business this property could be duplex again or be shared by two businesses. Currentely the property has one HVAC unit that services the entire building. The building has a common entry, with interior front doors with window transoms to the two sides. Side one has a living/lobby area, one office/bedroom downstairs and another upstairs. One full bath downstairs. The kitchen has a washer/dryer connection. Side two has one lobby/living room, one office/bedroom, kitchen and full bath. Ceiling fans and smoke alarms. There is a fireplace that has not been used by the current owner, it may or may not be functional. The building has two porches, the front wraps from front to the Vine St. side and the other is length of the back of the house with a small wrap. 2020 Composition roof, and pier and beam foundtion. This building is all electric, with updates done in 2016 and has two electric meters. The property has a variety of mature trees, a sprinkler syster, has gutters along the porch areas. The parking lot is partially gravel and partially concrete, for about 6 cars. The property is fenced on two sides.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
1,892 SF
Building Class
C
Year Built
1930
Price
$325,000
Price Per SF
$172
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
946 SF
Building FAR
0.16
Land Acres
0.27 AC
Zoning
none
Parking
6 Spaces (3.17 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
55000-002-01800
Land Assessment
$28,240
Improvements Assessment
$174,980
Total Assessment
$203,220
  • Listing ID: 34078379

  • Date on Market: 12/4/2024

  • Last Updated:

  • Address: 502 W Colorado St, Victoria, TX 77901

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