111 W 5th St - Loft/Creative Space FOR SALE


Tyler, TX 75701
$1,625,000 USD
903-630-9180
111 W 5th St, Tyler, TX for Sale
$1,625,000 USD
Loft/Creative Space - FOR SALE
1/50
null | Request Cap Rate

111 W 5th St
Tyler, TX 75701


HIGHLIGHTS

  • 15,080 SF
  • Interior and Exterior Staircases
  • Many Reception Areas

OVERVIEW

This property has a prime location at the intersection of 5th Street & Broadway Ave in the heart of Tyler. This building offers unparalleled proximity to East Texas’ burgeoning retail corridor, downtown central business district, multiple courthouses, three colleges, and three major hospitals. The two-story brick building encompasses nearly 19,200 square feet, featuring a durable metal roof. The ground floor provides approximately 10,000 square feet of finished space, while the upper floor includes 5,000 square feet of completed space and an additional 5,000 square feet of unfinished area. Ample parking is available. Notably, there is a filled-in pool beneath the playground that can be restored, adding further value to this versatile commercial property.

FOR SALE DETAILS

PRICE

$1,625,000 USD

PRICE/SF

$108 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

47

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,333 SF

ZONING

F1

APN/PARCEL ID

15000-0029-70-0009000

ASK ABOUT THIS PROPERTY

Austin LuceMeans Luce PropertiesMore Info
903-630-9180

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Austin LuceMeans Luce PropertiesMore Info
903-630-9180

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