4301 Avenue S - Storefront FOR SALE


Galveston, TX 77550- Fort Crockett
$350,000 USD
512-368-2229
4301 Avenue S, Galveston, TX for Sale
$350,000 USD
Storefront - FOR SALE
1/27
null | 5.73% Cap Rate

4301 Avenue S
Galveston, TX 77550
Fort Crockett


OVERVIEW

Great NNN Investment with tenant in place. Bar Operator is currently in place with a lease through February 2027. The property was remodeled significantly from 2019-2023 including exterior siding and new hurricane rated roof in 2019, completely remodeled bathrooms and main area, new AC installed and tenant pays rent regularly. Only Landlord responsibility is Roof and Structure. Annual base rent is over $20k/year.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$167 USD /SF

CAP RATE

5.73%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Bar, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

C

APN/PARCEL ID

3510-0157-1007-001

ASK ABOUT THIS PROPERTY

Joaquin LopezLOCAL Real Estate GroupMore Info
512-368-2229

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Joaquin LopezLOCAL Real Estate GroupMore Info
512-368-2229

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