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304 E Commerce St

5,625 SF 100% Leased Office Building Mexia, TX 76667 £217,822 (£39/SF)

Investment Highlights

  • Event Centre Space
  • Downstairs has 11 Individual Spaces that or Complete of Various Sizes
  • Multi-Stall Restrooms
  • Framing for Multiple Loft Apartments
  • Office and Loft Space
  • Kitchenette

Executive Summary

Heart of Mexia Downtown Office and Loft Space Commercial Building. Revitalization of this 1954 Mexia Downtown building was started in 2017. Downstairs you will find 11 individual spaces that are complete of various sizes. Walls, sheetrock, doors, electrical, ceilings and carpet are all in place and almost 100% occupied. You will also find Downstairs Mens and Womens Restrooms with multi-stalls and a Kitchenette for building occupant use. A separate entrance on the Downstairs opens to an Event Center space that is carpeted and can hold 10+ large rounds table. This space is perfect for Business Meetings, Birthday or Anniversary Parties and small gatherings with less than 100 people. Upstairs you will be surprised to find framing for multiple Loft Apartments. Finish out the Electrical and Plumbing is upstairs and bring to fruition the 6+ Loft Apartments. Parking is along Commerce Street in front of the building or extra parking spaces in Mexia Downtown. Ask Listing Agent for more details.

Property Facts Under Contract

Sale Type
Investment
Property Type
Office
Building Size
5,625 SF
Building Class
C
Year Built
1954
Price
£217,822
Price Per SF
£39
Percent Leased
100%
Number of Floors
2
Typical Floor Size
2,813 SF
Building FAR
0.49
Lot Size
0.26 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • R18580
  • R18632
Land Assessment
£12,547
Improvements Assessment
£148,491
Total Assessment
£161,038
  • Listing ID: 32996672

  • Date on Market: 29/08/2024

  • Last Updated:

  • Address: 304 E Commerce St, Mexia, TX 76667

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