512 N Friendswood Dr | Friendswood, TX 77546
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512 N Friendswood Dr
Friendswood, TX 77546
508-512 N Friendswood, Multi Tenant & Bar · Retail Property For Sale
Investment Highlights
- Highly visible corner lot location on 508-512 N Friendswood Dr (FM 518), Friendswood 77546. I-45 to Dixie Farm Rd to N Friendswood Dr.
- Cheers Bar business is included in the sale- Great opportunity for a wide variety of businesses and/or potential for redevelopment.
- Commercial properties in the area of similar age & condition Lease for $1.00+/sf + NNN. Projected rental income: $9,200/mo + NNN.
- Multi-Tenant Retail Property includes a well-established 'Cheers Pub' (Beer, Wine, & Liquor), Warehouse/Shop, Insurance, Tile Contractor
- Two lots totaling approximately 0.90 acres with two retail buildings consisting of 4,198sf-508 N Friendswood & 5,000sf-512 N Friendswood
- Seller Financing is available with low interest (5%) and negotiable terms.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
9,200 SF
Year Built/Renovated
1967/1992
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.90 AC
Zoning
COM'L BLDG - Commercial
Parking
40 Spaces (4.35 Spaces per 1,000 SF Leased)
Frontage
275 FT on N Friendswood Drive
Amenities
- Corner Lot
- Fenced Lot
- Pylon Sign
- Restaurant
- Signage
- Storage Space
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $369,060 | |
| Land Assessment | $77,940 | Total Assessment | $447,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$77,940
Improvements Assessment
$369,060
Total Assessment
$447,000
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