101 S 4th St - Retail FOR SALE


Crockett, TX 75835
$740,000 USD
936-544-4747
101 S 4th St, Crockett, TX for Sale
$740,000 USD
Retail - FOR SALE
1/28
null | Request Cap Rate

101 S 4th St
Crockett, TX 75835


HIGHLIGHTS

  • Heavy Traffic
  • Great Rental Income
  • Gorgeous Remodeled Downtown Building

OVERVIEW

GORGEOUS DOWNTOWN BUILDING! This jaw-dropping, 3-story, 10,200 sq.ft. downtown building on the corner of 4th Street and Houston Avenue is an absolute must see. There has been no detail overlooked on this completely remodeled building. The owner completely gutted the building, with the exception of restoring the original hardwood floors on the first and second floor. The updates include: a new roof with 20-year warranty, new HVAC units inside and out, all new electrical, all new plumbing, all new lighting, and all new hardware, just to name a few! This building is income producing, with all three floors being leased out. This is ideal for a buyer looking for a long-term investment. The first floor is currently being leased to a church – this space features 3,200 sq.ft. with beautiful, original hardwood floors, large windows, numerous office spaces, large reception area, and two community restrooms. The second floor is currently being leased to the Crockett Grand, an event center that rents out the space for parties, showers, and events. The second floor boasts 3,500 sq.f.t of space with a kitchenette, storage room, and two bathrooms. The third floor has been converted into a 3 bedroom, 2 bath loft apartment and is fully furnished with beautiful décor and furniture, that will convey with the sale of this property. The floor plan is spacious and inviting, with 3,500 sq.ft. When it is fully occupied for the month, it produces $7,000/month in income. The other two floors are receiving $2,400/month combined, so this property has the potential to fetch you an additional $9,400/month in income. So, if you’re looking for a profitable building, with long-term tenants, this is the one! The down-town square of Crockett, TX is a very popular destination for locals and tourists. You will find many shops and restaurants. Come be a part of the growing community!

FOR SALE DETAILS

PRICE

$740,000 USD

PRICE/SF

$73 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

DOWNTOWN LUXURY!!

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,871 SF

ZONING

-

APN/PARCEL ID

0009373

ASK ABOUT THIS PROPERTY

Nancy LawrenceNancy Lawrence, Lawrence RealtyMore Info
936-544-4747

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Nancy LawrenceNancy Lawrence, Lawrence RealtyMore Info
936-544-4747

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.