411 S Kaufman St - Specialty FOR SALE


Newton, TX 75966
$365,000 USD
713-855-0588
411 S Kaufman St, Newton, TX for Sale
$365,000 USD
Specialty - FOR SALE
1/37
null | Request Cap Rate

411 S Kaufman St
Newton, TX 75966


HIGHLIGHTS

  • Good location : 9 Rooms and 9 baths
  • Large Lot to create assigned Parking
  • Many rooms for offices, hair or nail stations
  • Common areas including lobby, kitchen, dining, and laundry rooms

OVERVIEW

The subject property at 411 Kaufman Street, Newton, Texas, is commercial two-story, 6,400-square-foot structure situated on a 0.3287-acre lot. The facility includes nine bedrooms with private baths, a communal family room with a fireplace, a kitchen, dining area, laundry room, and an upper-level wood deck patio. The building, originally constructed in 1952, has undergone significant renovations to enhance its functionality and modern appeal. The surrounding market area consists of a mix of residential, commercial, and special-purpose properties, contributing to stable property values and mild growth trends. Positioned near the central business district of Newton, the property benefits from convenient access and visibility along a main roadway. With its recent renovations and continued demand for transitional healthcare facilities, the property's market value as of January 13, 2023, is estimated at $471,000. Appraisal and survey attached. Great for hair & nail salon, office or retail...

FOR SALE DETAILS

PRICE

$365,000 USD

PRICE/SF

$57 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Correctional Facility, Religious Facility, Sorority/Fraternity House

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,319 SF

ZONING

-

APN/PARCEL ID

23102

ASK ABOUT THIS PROPERTY

Kate MyhanJPAR The Sears GroupMore Info
713-855-0588

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Kate MyhanJPAR The Sears GroupMore Info
713-855-0588

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