DOWNTOWN STEPHENVILLE | 164 E College St
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DOWNTOWN STEPHENVILLE 164 E College St
7,025 SF Vacant Retail Building Stephenville, TX 76401 £507,810 (£72/SF)
Investment Highlights
- Great Visibility
- Excellent Parking
- Historic Property, Downtown
Executive Summary
Downtown Stephenville! This is probably one of the best opportunities to acquire a large commercial space in the downtown area! This property is currently being used as a Senior Citizens Center. The two story building can potentially be classified and restored as a historic property. The other side is not eligible for such. The buildings both have fantastic visibility on College St. They are located between the Courthouse and the amazing The Wyatt Stephenville and Caam's Pizza. The new County building is just next door also. The entire Downtown area is quickly being updated and this is a great opportunity to grab a space that can be improved and completely updated as well. The building definitely has some issues, but the location and the overall space is fantastic. The city would definitely like to sell this to someone who will start renovations right away and add to the downtown district. There is plenty of city owned parking all around this location. So come take a look!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
7,025 SF
Building Class
C
Year Built
1900
Price
£507,810
Price Per SF
£72
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
2
Building FAR
1.47
Land Acres
0.11 AC
Zoning
DT Zoning - Downtown Zoning
Parking
20 Spaces
Frontage
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | £191,207 | |
Land Assessment | £126,264 | Total Assessment | £317,471 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£126,264
Improvements Assessment
£191,207
Total Assessment
£317,471
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DOWNTOWN STEPHENVILLE | 164 E College St
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