709 N Palestine St - Office FOR SALE


Athens, TX 75751
$595,000 USD
832-326-0045
709 N Palestine St, Athens, TX for Sale
$595,000 USD
Office - FOR SALE
1/19
null | Request Cap Rate

709 N Palestine St
Athens, TX 75751


HIGHLIGHTS

  • 4,928 SF office building.
  • Zoned for Commercial Use.
  • 80% occupancy rate.

OVERVIEW

Investment Opportunity for two commercial buildings in North Athens on Highway 19. The 707 building is 3,120 square feet (sf) with 11 private offices, large kitchen, 2 ADA restrooms, furnished lobby, conference room, copy room and courtyard. Fully renovated in 2023. Eight out of 9 nine offices are currently leased. Both buildings have new roofs as of 2/2024. The 709 building is 1,6000 sf with 6 private offices, kitchen area, 2 ADA restrooms, conference room, open lobby area from front to back of space and currently leased. Discover the charming city of Athens, TX – a thriving community filled with Southern hospitality and limitless potential for office and office building investment. Situated among picturesque landscapes and historic landmarks, the area boasts proximity to the Texas Freshwater Fisheries Center and the vibrant Athens Scenic Loop. Embrace the appeal of small-town living while enjoying easy access to modern amenities and major roadways. With a rich heritage, affordable cost of living, and a growing commercial landscape, the location offers a prime opportunity for investment in the heart of East Texas.

FOR SALE DETAILS

PRICE

$595,000 USD

PRICE/SF

$121 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,758 SF

ZONING

Commercial

APN/PARCEL ID

2050-0106-008A-01,2050-0106-010A-01

ASK ABOUT THIS PROPERTY

Herbert MeltonTexas Commercial Realty Group, LLCMore Info
832-326-0045

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Herbert MeltonTexas Commercial Realty Group, LLCMore Info
832-326-0045

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