$350,000
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5,749 Sqft Lot
SOLD DATE : 12/15/2023
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Subdivision Handley Original Town
MLS Listing ID 20435784
Sold Date 12/15/23
Total Fin. Sqft 6382
Year Built 1945
Annual Tax Amount $5,969
Lot Size 5,749 Sqft
Acres 0.132
Property Description
Please do not disturb Tenant. Total of 6439 square feet. Great opportunity to purchase a bite size investment in the historic Handley neighborhood. Offerd at an 8.75% CAP rate. Building contains a mix of 1920 ft of retail space, 1374 ft of upstairs office, and 3145 ft of warehouse space in the rear...endless possibilities. Property is leased through August 2024 to a Tenant who has been occupying the space since 1991. This is one of the few buildings with a dedicated parking lot containing 10 parking spaces.
Contact Colt Cantrell for more property and lease details.
Location
State TX
County Tarrant
Zoning MU-1
Direction From Loop 820: Drive approx. .5 miles east and the property is locaed on the left. Property is the NWC of E Lancaster Ave and Halbert St.
Interior
Heating Central, Natural Gas
Cooling Ceiling Fan(s), Central Air, Electric, Multi Units
Flooring Carpet, Ceramic Tile, Concrete
Heat Source Central, Natural Gas
Exterior
Utilities Available City Sewer, City Water, Concrete, Curbs, Electricity Connected, Master Gas Meter, Master Water Meter, Sidewalk
Roof Type Flat,Shingle
Garage No
Building
Lot Description Corner Lot
Foundation Slab
Structure Type Block,Brick
Others
Ownership Of Record
Financing Conventional
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Bought with Carol Cash • Berkshire HathawayHS PenFed TX
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "