1714 Vaughn Blvd - Storefront Retail/Office FOR SALE


Fort Worth, TX 76105
$380,000 USD
817-328-2346
1714 Vaughn Blvd, Fort Worth, TX for Sale
$380,000 USD
Storefront Retail/Office - FOR SALE
1/6
null | Request Cap Rate

1714 Vaughn Blvd
Fort Worth, TX 76105


OVERVIEW

Great redevelopment opportunity within 4 blocks of Texas Wesleyan University. Zoned for Mixed-Use, FormBased “MU-1” allows for higher density, mixed-use, pedestrian-oriented development. This property would be excellent to serve retail and restaurants users with opportunity for housing the nearby student body. Maximum height 3-5 stories with available height bonus. Subject to review by Urban Design Commission. The building is suitable for reconstruction or demolition. Phase I ESA and limited Phase II have been performed due to soil contamination from a previous commercial insecticide user. Two drums were subsequently removed and disposed of in 2016, and the impacted soils were excavated and disposed. Excavation of soil on lot 13 will be completed by Seller prior to close. Property will be delivered clean before closing. Please review diligence materials related to environmental concerns provided in the documents center. Link to ESA can be found in "Links". Buyer's Broker to confirm all square footage. The Property is unsafe to tour. Assume Property will need to be gutted from roof to floors with all interior to be scrapped. Exterior walls are in good condition; no structural concerns. Requests to tour will not be granted without an executed LOI by Buyers, Sellers, and Brokers. APN: 2242001, 2241986, 2241978

FOR SALE DETAILS

PRICE

$380,000 USD

PRICE/SF

$40 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Redevelopment, Fort Worth near a University

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1941

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,250 SF

ZONING

Commercial

APN/PARCEL ID

02241978,02241986,02242001

ASK ABOUT THIS PROPERTY

Stephanie BunnCentury 21 Mike Bowman, Inc.More Info
817-328-2346

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Stephanie BunnCentury 21 Mike Bowman, Inc.More Info
817-328-2346

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