523 Walnut St - Retail FOR SALE


Columbus, TX 78934
$949,000 USD
979-732-3302
523 Walnut St, Columbus, TX for Sale
$949,000 USD
Retail - FOR SALE
1/15
null | Request Cap Rate

523 Walnut St
Columbus, TX 78934


OVERVIEW

Prime Commercial Opportunity in Downtown Historical Columbus, Texas Discover the perfect investment in the heart of the thriving alcohol corridor of downtown Columbus, Texas. This recently updated two-story commercial building offers not just one, but three income-earning opportunities under one roof. Main Retail Space: Step into a versatile retail location that features multilevel seating, a loft area, and a stage—ideal for a variety of businesses, from a trendy café or restaurant to a boutique or entertainment venue. This space is designed for flexibility and ready to attract foot traffic from locals and visitors alike. Two-Bedroom Apartment: Upstairs, a spacious two-bedroom, one-bath apartment with its own private entrance/exit awaits your finishing touches. Perfect for short-term rentals or a live-work arrangement, this apartment adds an additional revenue stream to the property. 400 Sq. Ft. Retail Space: The third income-producing area is a 400-square-foot retail space, perfect for a small business or as an office location, offering even more potential for ROI. This property has been brought up to code, featuring new utilities, a fire sprinkler system, and separate meters for each rental space—ensuring smooth operations for both you and your tenants. Whether you're an investor looking for a high-return opportunity or a business owner seeking a prime downtown location, this historic gem in Columbus offers endless possibilities. Don’t miss out on this unique chance to own a piece of downtown Columbus with fully occupied built-in income potential!

FOR SALE DETAILS

PRICE

$949,000 USD

PRICE/SF

$254 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Windham Building

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1942

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

-

APN/PARCEL ID

10760

ASK ABOUT THIS PROPERTY

Currie LuedeckeLeyco Real EstateMore Info
979-732-3302

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Currie LuedeckeLeyco Real EstateMore Info
979-732-3302

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