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Commercial Building 505 Elm St

4,000 SF Flex Building Portland, TX 78374 $575,000 ($144/SF)

Investment Highlights

  • Old Town Portland's Leisure and Entertainment District
  • 4000 sqft Open Space
  • Portland is Booming

Executive Summary

Building is centrally located with easy access to Hwy. 181 north and south. Owner occupied and move out flexible.

Property Facts

Price $575,000
Price Per SF $144
Sale Type Investment or Owner User
Sale Conditions Business Value Included
Property Type Flex
Property Subtype Showroom
Building Class B
Lot Size 0.69 AC
Rentable Building Area 4,000 SF
No. Stories 1
Year Built 1982
Tenancy Single
Parking Ratio 3.75/1,000 SF
No. Drive In / Grade-Level Doors 1

Amenities

  • Raised Floor
  • Air Conditioning

Utilities

  • Water - City
  • Sewer - City

About 505 Elm St , Portland, TX 78374

Business Possibilities start with a 4000 sqft. open building, located in Portland's Old Town District. The building is suitable for office/warehouse, renovated for small office spaces, ideal for a medical facility, perfect for year round wedding and party venues and large enough for a restaurant and more. The location is perfect for the City O Portland's Leisure and Entertainment District with walking distance to the main pavilion and farmer's market. The building is a one story, pre-engineered metal and brick facade building with an attached 88x142 parking lot. For more information view San Patricio County Economic Development Corp. and City of Portland "leisure and Entertainment District LED.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
72270
Land Assessment
$58,242
Improvements Assessment
$305,758
Total Assessment
$364,000

zoning

Zoning Code multi-use (Portland OT-1 multi-use)
multi-use (Portland OT-1 multi-use)
  • Listing ID: 31364800

  • Date on Market: 3/29/2024

  • Last Updated:

  • Address: 505 Elm St, Portland, TX 78374

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