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Murchison Retail 6421 State Highway 31 E

10,371 SF Vacant Retail Building Murchison, TX 75778 £477,252 (£46/SF)

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Investment Highlights

Heavy traffic
Center of Murchison, TX

State Highway frontage

Executive Summary

This commercial retail mini-strip center is located on heavily traveled Texas State Highway 31 in the city of Murchison, between Athens and Tyler. It is ready for an owner/user or for an investor to lease the various highly visible spaces. Total square footage 10,371. Building 1 has 3 units. Largest space 4500 sf. 2 remaining spaces about 2000 sf each. Tenant occupies suite 6421-C. Laundromat is currently closed, but ready for inspection with equipment and machines. Attached to the laundromat building to the east at one time wasa single bay hand car wash with an existing drain. Buyer should verify zoning to resume usage.

6421 SH 31 - PropertyCondition

6421 SH 31 - HCAD2024

Financial Summary (Actual - 2024)	Annual	Annual Per SF
Taxes	£1,503	£0.14
Operating Expenses	-	-
Total Expenses	£1,503	£0.14

Financial Summary (Actual - 2024)

Taxes
Annual	£1,503
Annual Per SF	£0.14

Operating Expenses
Annual	-
Annual Per SF	-

Total Expenses
Annual	£1,503
Annual Per SF	£0.14

Property Facts

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Storefront

Building Size

10,371 SF

Year Built/Renovated

1972/2002

Price

£477,252

Price Per SF

£46

Percent Leased

Vacant

Tenancy

Multiple

Number of Floors

Building FAR

0.51

Lot Size

0.47 AC

Zoning

Commercial - Commercial - Retail, Showroom

Frontage

160 ft on Texas State Highway 31

Amenities

Freeway Visibility

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