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114 E Elm St
Hillsboro, TX 76645

17,000 SF Office/Retail Building · Office Property For Sale

Investment Highlights

  • 0 Lot Line Property
  • Equipped with Cargo Elevator
  • One Bedroom Apartment on Second Floor

Executive Summary

Welcome to the vibrant heart of downtown Hillsboro – this impressive 17,000-square-foot office/retail building offers an exceptional opportunity for investors and business owners. Currently, 3,300 square feet are leased by the esteemed Patillo, Brown, & Hill LLP, showcasing the attractiveness of this property to reputable tenants.
Situated on a zero-lot line, this property maximizes its footprint in the bustling urban landscape. Upstairs, a cozy one-bedroom apartment provides added versatility and potential rental income. In addition to its already compelling features, prospective investors and entrepreneurs will delight in discovering a maintained and fully operational dry cleaning business currently available for acquisition within the premises, presenting a turnkey opportunity for entrepreneurs seeking to capitalize on the area’s demand.
Conveniently located on the bustling Elm Street, the property enjoys high visibility and foot traffic, ensuring optimal exposure for businesses housed within. Moreover, practicality meets efficiency by including a cargo elevator, streamlining logistical operations for tenants.
Whether you’re looking to invest, establish your business, or explore the potential of a mixed-use property, this offering promises a prime location and versatile space to realize your vision. Schedule a viewing today to seize this exceptional office/retail building in downtown Hillsboro!

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
17,000 SF
Building Class
C
Year Built/Renovated
1889/2018
Price
£311,141
Price Per SF
£18
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
8,500 SF
Building FAR
1.66
Lot Size
0.24 AC
Opportunity Zone
Yes
Zoning
CBD - Centrail Business District (City of Hillsboro)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
134135
Land Assessment
£12,406
Improvements Assessment
£262,304
Total Assessment
£274,710
  • Listing ID: 31654679

  • Date on Market: 30/04/2024

  • Last Updated:

  • Address: 114 E Elm St, Hillsboro, TX 76645

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