$325,000

116 Historic Town Square, Lancaster, TX 75146

  • 2,396 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1996
  • Property Lot Size Icon2,391sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $136/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

INVESTORS THIS BUILDING HAS POSITIVE CASH FLOW. BRINGS IN 3400 PER MONTH. Building is fully leased with solid tenants. The building was rebuilt in 1996 as a new building after 1994 tornado It retained parts of old wall. Allot of the interior walls are brick and it has high ceilings. Floors are all vinyl wood. In the past 3 years improvements area roof, new h ac on 104 unit with a roof top unit, in 2024 the north wall was resealed and stucco added to protect the damaged original bricks that had once been an interior wall. The sewer line has been replaced inside the building and the sewer line on the outside replaced. The cap on the exterior walls has been replaced or repaired. This is a solid brick building in good condition. Agent is owner and selling this building in preparation for retirement. Repairs over the past 24 months have exceeded $30K. Building is 2 units with separate meters for all utilities. S Dallas side has been a barbershop.. Front side is leased to an experienced photography studio. Owner will look at all offers except owner finance.

Listing Status:
Active
Listing Office:
Town Square Realty : 972-227-7010
Listing Agent:
Ellen Clark : 972-227-1705
MLS ID:
20851707
  • Flooring: Luxury Vinyl PlankVinyl
  • A/C: Central AirCeiling Fan(s)Electric
  • Heating: CentralNatural Gas

This listing courtesy of Ellen Clark, Town Square Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

Jd Hall Learning Center

602 E 2nd St, Lancaster, TX, 75146

Grades 1-12

0.37 miles away

J

Jd Hall Learning Center

602 E 2nd St, Lancaster, TX, 75146

Grades 1-12

0.37 miles away

J

Jd Hall Learning Center

602 E 2nd St, Lancaster, TX, 75146

Grades 1-12

0.37 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.