5,749 Sqft Lot
5,749 Sqft Lot
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision Boaz & Dillow Add
MLS Listing ID 21340468
Total Fin. Sqft 1376
Year Built 1934
Annual Tax Amount $2,557
Lot Size 5,749 Sqft
Acres 0.132
Property Sub-Type Business
Property Description
Positioned in a prime location directly along the bus line and just an 8-minute walk from Wayland Baptist University, the visibility and accessibility make it an exceptional investment. The commercial zoning also allows for multifamily development, creating outstanding income potential with a steady demand from the nearby university and surrounding area.
For investors looking to expand their footprint, the seller also owns three additional adjoining lots. Purchase multiple properties together and the seller is prepared to make a deal at $100,000 per lot, creating a rare opportunity for redevelopment or a larger commercial project.
Whether you're drawn to the unmatched craftsmanship of this historic building or the incredible development potential, this is a property that deserves your attention. Opportunities like this are few and far between.
Location
State TX
County Tarrant
Zoning Commercial
Direction GPS
Interior
Heating Central
Cooling Central Air
Flooring Wood
Heat Source Central
Exterior
Utilities Available All Weather Road, City Sewer, City Water, Curbs, Electricity Available, Gravel/Rock
Roof Type Composition
Garage No
Building
Foundation Pillar/Post/Pier
Structure Type Brick
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21340468
Nearby Locations
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