Karrie Johnston - Coldwell Banker Apex Realtors
3080 W Washington St
Stephenville, TX 76401

$1,600,000

Description

Prime Commercial location on US Hwy 377 & 67 in Stephenville, TX . Property sits on 3.378 acres with a 21,350+ sf building. East Side of Building has nearly 10,000 sf of office space, warehouse, & 3 loading docks of which 3875 sf is leased as office space. The additional 5600 sf of space can be rented as either an office or warehouse. The West Side of Building has 5 office spaces, kitchen, & conference room in 1400 sf and a warehouse space of 10,000 sf. Property occupied by owner who would continue a lease at $4275 per month. GREAT INVESTMENT PROPERTY WITH A 5% RETURN ON INVESTMENT WITH A POTENTIAL RETURN OF 9% WHEN RENTED TO CAPACITY.

Details

MLS#13102940
Sub-TypeResale
StatusActive
Year1987
Days On Site1307

Features

SQ Feet21,350
Story(s)1
Units2
ZoningCOM

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Area Information

StateTX
CountyErath
CityStephenville
Zip Code76401
AreaERATH COUNTY (78)
Listing VS Median (in 76401)
Price:
$1,600,000
low | high
Med:
$215,000
100% of Average
SqFt:
21,350
low | high
Med:
1,969
100% of Average
$ / SqFt:
$75
low | high
Med:
$109
4.296279837482% of Average
On Site:
1307
low | high
Med:
71
100% of Average
Listing Updated: 11/18/2018
MLS Number: 13102940
Listing Provided By:
David Dickerson  of  D.D.D. Inc.

All information provided by seller and is deemed to be correct, but is not guaranteed.  Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.