117 S Pierce St - Industrial FOR SALE


Amarillo, TX 79101- Downtown Amarillo
$1,950,000 USD
817-726-8586
117 S Pierce St, Amarillo, TX for Sale
$1,950,000 USD
Industrial - FOR SALE
1/5
null | Request Cap Rate

117 S Pierce St
Amarillo, TX 79101
Downtown Amarillo


HIGHLIGHTS

  • Light Industrial Redevelopment/Rehab Property in northern downtown Amarillo
  • Located in Opportunity Zone, QCT, and City TIRZ
  • Site is a whole city block with 1.72 acres bounded on all sides with city streets
  • Industrial Buildings have about 56K SF, Dorm Buildings have about 12K SF
  • Contact wayne.burgdorf@svn.com for PDF brochure

OVERVIEW

Good Industrial Redevelopment Play. This is a light industrial rehab or redevelopment opportunity on a whole city block in the north part of downtown Amarillo. It is in an Opportunity Zone, QCT, and city TIRZ. The site is 1.72 acres and pretty square with city streets on each site. The industrial building has about 56,000 SF, with phases built in 1922 & 1963 and is 2-3 levels with large older freight elevator. Much of the space has been finished as offices and similar, but can be gutted. More buildings were added that are residential dormitory in nature in 1983 & 2005 that have 12,000 SF. An internal driveway is present between the buildings.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$29 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Industrial Rehab Redevelopment Property

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1963

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.72

LAND SF

74,923

ZONING

I-1 Light Industrial

APN/PARCEL ID

R-031-0500-0026-0

ASK ABOUT THIS PROPERTY

Wayne BurgdorfSVN | Trinity AdvisorsMore Info
817-726-8586

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

Wayne BurgdorfSVN | Trinity AdvisorsMore Info
817-726-8586

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