$1,115,000
117 & 119 San Augustine Street Center, TX 75935
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$1,115,000
Est. payment /mo
4,312 Sqft Lot
UPDATED:
08/12/2024 09:17 PM
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.
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
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Listed by Matthew Marshall • Drake Real Estate & Investment
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