Unique investment opportunity in prominent location on the square in Center, TX. Newly renovated Class A office space with above standard finish and beautiful contemporary and rustic architecture. PD Zoning. 7.84% Cap Rate. Prominent location; High visibility. Newly Renovated. Ground Floor Office & Upstairs Call Center: -4,220sf. -Leased to financial company. -New 5 year term commencing 2024. -NNN lease. Vacant apartment: -1,415sf. -Seller willing to sign lease on apartment. -Additional income opportunity for residential tenant or AirBnB or VRBO. -2 bedroom, full bath, full kitchen, laundry, living and dining area. -Could be converted to additional office space.
MLS# | 20510014 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1970 |
Days On Site | 307 |
Listing Provided By | Drake Real Estate & Investment | Matthew Marshall |
SQ Feet | 6,472 |
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Story(s) | 2 |
Units | 1 |
Zoning | PD |
Acreage | 0.10 |
State | TX |
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County | Shelby |
City | Center |
Zip Code | 75935 |
Area | Shelby |
Community Name | AMASON JESSE |
Listing VS Median (in AMASON JESSE) | |
Price: $1,115,000 low | high Med: $1,115,000 SqFt: 6,472 low | high Med: 6,472 $ / SqFt: $172 low | high Med: $172 On Site: 307 low | high Med: 307.000000 |