Address
435 W Main Street, Lewisville, TX
Price
$ 3,700,000
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

Property vs Commercial Average in 75057

Price
AVG $1.17M
$3.7M
Taxes
AVG $6,769
$6,069
Visits
AVG 84
156
Data Provided by Inside Real Estate®
Year Built
AVG 1963
1920
Walkscore
AVG 48
73
Data Provided by Walkscore® not using MLS data