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Z' s Fillin Station 307 N Magnolia St

3,202 SF Retail Building Woodville, TX 75979 £390,867 (£122/SF)

Executive Summary

Welcome to this exceptional commercial property offering a fantastic opportunity for entrepreneurs and business owners! Currently being leased as a restaurant, 2786sqft building on 0.671+/-Acres, this property boasts a fully equipped commercial kitchen and all the furnishings needed to kickstart a new culinary venture. Property Features: Spacious lot with parking for 20+ vehicles, Highway 69 frontage for high visibility, Ideal location for a restaurant or other commercial business, Potential for residential opportunities as well as property is not zoned. Nestled in a high-traffic area, this property is strategically positioned to attract customers and drive business growth. Its convenient access and ample parking make it a desirable destination for patrons. Contact us today to schedule a viewing and explore the possibilities that this commercial gem has to offer! Currently leased for 4 years at $3500/month and tenants have a first right of refusal, would make a great investment property.

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income £2,742 £0.86
Other Income - -
Vacancy Loss - -
Effective Gross Income £2,742 £0.86
Net Operating Income - -

Financial Summary (Actual - 2023)

Gross Rental Income
Annual £2,742
Annual Per SF £0.86
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £2,742
Annual Per SF £0.86
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,202 SF
Building Class
C
Year Built
2003
Price
£390,867
Price Per SF
£122
Tenancy
Single
Number of Floors
1
Building FAR
0.11
Lot Size
0.67 AC
Opportunity Zone
Yes
Zoning
N/A
Frontage
158 ft on North Magnolia St.

Amenities

  • Courtyard
  • Restaurant
  • Signage
  • Monument Signage
  • Air Conditioning

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Indulge Restaurant
  • Accommodation and Food Services
  • 3,202 SF
  • £0.86
  • Plus All Utilities
  • May 2028
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Indulge Restaurant Accommodation and Food Services 3,202 SF £0.86 Plus All Utilities May 2028

Nearby Major Retailers

CommunityBank of Texas
Brookshire Brothers
Krispy Krunchy Chicken
PNC Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R24730
Land Assessment
£21,787
Improvements Assessment
£37,851
Total Assessment
£59,639
  • Listing ID: 31492533

  • Date on Market: 12/04/2024

  • Last Updated:

  • Address: 307 N Magnolia St, Woodville, TX 75979

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