117 & 119 San Augustine Street Active

Center,TX 75935

$ 1115000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Subdivision Amason Jesse

MLS Listing ID 20510014

Total Fin. Sqft 6472

Year Built 1970

Lot Size 4,312 Sqft

Acres 0.099

Property Description

Unique investment opportunity in prominent location on the square in Center, TX. Newly renovated Class A office space with above standard finish and beautiful contemporary and rustic architecture. PD Zoning. 7.84% Cap Rate.

Prominent location; High visibility.
Newly Renovated.

Ground Floor Office & Upstairs Call Center:
-4,220sf.
-Leased to financial company.
-New 5 year term commencing 2024.
-NNN lease.


Vacant apartment:
-1,415sf.
-Seller willing to sign lease on apartment.
-Additional income opportunity for residential tenant or AirBnB or VRBO.
-2 bedroom, full bath, full kitchen, laundry, living and dining area.
-Could be converted to additional office space.

Location

State TX

County Shelby

Zoning PD

Direction From the intersection of San Augustine St., and Hurst St., head NE on San Augustine St. Property will be on the right in about 0.4 miles

Interior

Heating Central,Electric

Cooling Central Air,Electric

Flooring Wood

Heat Source Central,Electric

Exterior

Utilities Available City Sewer,City Water,Electricity Connected

Roof Type Flat

Parking Type Concrete,Off Street,Parking Lot

Garage No

Building

Foundation Slab

Structure Type Brick

Others

Ownership JOHNSTONE FINANCIAL PROPERTIES INC

View More
Favorite Go Tour