1819 Spring St - Specialty FOR SALE


Palestine, TX 75803
$650,000 USD
903-729-4000
1819 Spring St, Palestine, TX for Sale
$650,000 USD
Specialty - FOR SALE
1/60
null | Request Cap Rate

1819 Spring St
Palestine, TX 75803


HIGHLIGHTS

  • large Auditorium with conference/office and meeting rooms
  • soaring high ceilings
  • expansive parking

OVERVIEW

Located in Palestine, Texas on the corner of High Traffic LOOP 256 & Spring Street also across from DPS in close proximity to Texas A&M Forest Service, BARC & UT Tyler-Palestine. this large Municipal Auditorium has lots of potential for future uses. Included with the building are 9.534 Commercial Acres for future endeavors. Existing building needs a lot of maintenance and value has been placed mainly on the large asphalt parking lot, location, possibility of use for acres. Building has soaring high ceilings, was built in 1981 & is approximately 27,833sqft w/multiple entrances and walled off conference/office/meeting rooms (floor plan available). Expansive parking lot has ample parking for special events, gatherings and office meetings. This property is being SOLD through a SEALED bid process & the decision will be made on or after FEBRUARY 28,2025.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$23 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Civic Center

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

9.53 AC

LAND SF

415,127 SF

ZONING

-

APN/PARCEL ID

R46564

ASK ABOUT THIS PROPERTY

Christie ScrogginsLandmark Realty LLCMore Info
903-729-4000

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Christie ScrogginsLandmark Realty LLCMore Info
903-729-4000

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