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6321 Commerce St

9,200 SF 1% Leased Retail Building Wallis, TX 77485 $500,000 ($54/SF)

Investment Highlights

  • Great Frontage

Executive Summary

Amazing opportunity to own a piece of history with Tons of square footage. This property has endless possibilities it could be an amazing live / work space, brewery, wine tasting room, café, boutique, office space, luxury apartments, or the most unique home in this part of the state. The is the hard corner of 2nd and Hwy 36 just south of the FM 1093 intersection. Just west of the super hot Fulshear and Simonton areas. The property does need some tlc but the roof and foundation have already been done. This one of the main downtown buildings on Commerce St.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,200 SF
Building Class
C
Year Built
1931
Price
$500,000
Price Per SF
$54
Percent Leased
1%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.73
Land Acres
0.29 AC
Parking
4 Spaces (0.43 Spaces per 1,000 SF Leased)
Frontage
162 FT on 2nd St

Amenities

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R000011659
Land Assessment
$16,772
Improvements Assessment
$76,664
Total Assessment
$93,436
  • Listing ID: 23313065

  • Date on Market: 6/7/2021

  • Last Updated:

  • Address: 6321 Commerce St, Wallis, TX 77485

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