Office - Retail - Residential - Storage | 824 S Main St
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Office - Retail - Residential - Storage 824 S Main St
4,020 SF Office Building Belton, TX 76513 $575,000 ($143/SF) 8% Cap Rate
Executive Summary
This commercial property is not only in the PERFECT location location location! It's also the perfect price as well! Conveniently located to I-35, I-14 AND historic downtown Belton! With a total of 4020 sf this property is perfect for your business! There are 2 large offices each with their own entrance and exit. 6+ parking spaces. Metal bars on all windows. 2 HVACs, 2 water heaters, & 2 electric systems - some new and some updated. A full kitchen, separate laundry room. 1 full bathroom & 2 half baths. An extremely large living space with so much potential & possibilities with a Vision! There is carpet throughout and vinyl plank flooring in the kitchen, laundry & full bathroom. This property could be divided into 2 businesses & a living space or as one large business...the possibilities are endless! And talk about storage!!! Previously a bridal shop there are several smaller rooms and tons of closets with 2 exits to the yard at the back. A fenced yard. Located right across from the very busy Family Dollar...this property will be snatched up fast! Call TerryLynn to put in an offer today!
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
4,020 SF
Building Class
C
Year Built
1975
Price
$575,000
Price Per SF
$143
Cap Rate
8%
NOI
$46,000
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
2,010 SF
Building FAR
0.69
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
C - Commercial Highway
Parking
7 Spaces (1.74 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 74294 | Improvements Assessment | $98,722 |
| Land Assessment | $22,581 | Total Assessment | $121,303 |
PROPERTY TAXES
Parcel Number
74294
Land Assessment
$22,581
Improvements Assessment
$98,722
Total Assessment
$121,303
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Presented by
Texas Star Realty - TerryLynn & Associates
Office - Retail - Residential - Storage | 824 S Main St
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