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Details

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.

PROPERTY FEATURES

1 Unit(s)
Business Type: Professional Office
Utilities : City Sewer,City Water,Electricity Connected
Parking Features: Concrete,Off Street,Parking Lot
Lot Features : Flat Road Frontage Type : City Street
Building Use : Office
Cooling: Central Air,Electric Heating : Central,Electric
Construction Materials: Brick Foundation Details: Slab
Flooring : Wood Ceiling Height : 11 to 14 Feet
Green Verification Count : 0
Zoning Description : PD

PROPERTY DETAILS

Street Address: 117 & 119 San Augustine Street
City: Center
State: Texas
Postal Code: 75935
County: Shelby
MLS Number: 20510014
Year Built: 1970
Courtesy of Drake Real Estate & Investment

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