350 Magnolia Ave - Office FOR SALE


Beaumont, TX 77701
$4,400,000 USD
409-781-3172
350 Magnolia Ave, Beaumont, TX for Sale
$4,400,000 USD
Office - FOR SALE
1/22
null | Request Cap Rate

350 Magnolia Ave
Beaumont, TX 77701


HIGHLIGHTS

  • Centrally located in downtown Beaumont
  • Secure facility
  • Excellent parking

OVERVIEW

Former government office building for sale. Parking lot has room for 250+ vehicles. Centrally located in downtown Beaumont, Texas. Sprinkler system and excellent security features. Three stories and a basement. Small secure jail cell that can be repurposed for secure storage. Net leasable area is over 61,000 sq ft. 320 tons of HVAC. Two passenger elevators with one suitable for freight. Easily divisible for multiple tenants if desired. Property is within walking distance of Edison Plaza, the Port of Beaumont, Beaumont Police Department, Beaumont Civic Center, city hall, city and county courthouses, several parks, and multiple local restaurants.

FOR SALE DETAILS

PRICE

$4,400,000 USD

PRICE/SF

$44 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

250

LAND DETAILS

LAND ACRES

2.74 AC

LAND SF

119,354 SF

ZONING

CBD

APN/PARCEL ID

008700-000-015000-00000-0

ASK ABOUT THIS PROPERTY

Gerald FarhaGW PropertiesMore Info
409-781-3172

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Gerald FarhaGW PropertiesMore Info
409-781-3172

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