Property Attributes
- MLS#20416289
- TypeCommercial
- CountyDENTON
- CityLewisville
- NeighborhoodCowan
- Zip75057
- StyleBusiness
- Year Built1920
- Taxes$ 6069
- Price$ 3,700,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1.4722 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Located just a few blocks away from the Interstate I-35E in the Old Town Expansion Lewisville Project area, this thriving economic hub in the DFW region has infrastructure, a low tax environment, quality workforce and more - There are FIVE connecting parcels available. The City would love to see a business that compliments the Downtown Lewisville Entertainment District Project. As an added Bonus the property is located in the Opportunity Zone for tax incentive. Visitors and residents enjoy a variety of recreation and shopping opportunities including a 2000+ acre nature preserve, a historic downtown, Lewisville Lake, Rail Stations for public transportation, easy access to DFW International Airport, and one of the lowest combined property tax rates in DFW, making it an attractive location for business. One of the major traffic corridors in Lewisville, with Employment within a 4-mile buffer zone expected to increase 67% by 2030.
Price History | |
---|---|
8/25/2023 | Listed $3,700,000 |
General Features
Heating | Central |
---|---|
Cooling | Central Air |
Utilities | All Weather Road,Asphalt,Cable Available,City Sewer,City Water,Curbs,Electricity Connected |
Ceiling Height | Other |
Possession | Closing/Funding |
Roof | Composition |
Exclusions | Furniture and personal items inside the existing buildings will be tagged not for sale |
Year Built | 1920 |
Tenant Pays | All Utilities |
Business Type | Professional Service,Retail |
Unexempt Taxes | 6069 |
Building Use | Bar/Taverns,Food Service,Hotel/Motel,Medical,Office,Restaurant,Retail |
Owner Pays | All Utilities |
Will Subdivide | Yes |
Gross Annual Expenses | 33599.00 |
Property SubType | Business |
Subdivision Name | Cowan |
Zoning Description | Zoned as Commercial,Residential and Multi Use |
Insurance Expense | 12000 |
Occupant Type | Tenant |
County | Denton |
Property Type | Commercial Sale |
Construction Materials | Frame |
Year Built Details | Preowned |
Number Of Leaseable Spaces | 4 |
Status | Active |
Directions | GPS and Google Maps are correct |
City | Lewisville |
Buyer Agent Compensation | 3 |
Street Name | Main |
Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20416289 |
Standard Status | Active |
Buyer Agent Compensation Type | % |
Interior Features
Flooring | Other |
---|---|
Total Stories | 1 |
Total Units | 4 |
SQFT Gross | 6102 |
Lock Box Type | None |
Street Suffix | Street |
Exterior Features
Lot Features | Corner Lot,Interior Lot,Varied |
---|---|
Lot Size Source | Assessor |
Parking Features | Aggregate,Asphalt,Other |
Lot Size | 1 to < 3 Acres |
Foundation | Slab |
Lot Size Area | 64131.0000 |
Lot Size Units | Square Feet |
Building Area Total | 1718.00 |
Road Frontage Type | City Street |
Lot Size Square Feet | 64131.0000 |
Lot Size Acres | 1.4722 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool