Property Attributes
- MLS#20220012
- TypeCommercial
- CountyDALLAS
- CityDuncanville
- Neighborhood0884
- Zip75116
- StyleRetail
- Price$ 750,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4562
- Lot Size7,501 SqFt
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Income-producing, multi-tenant commercial asset situated at a HIGHLY VISIBLE intersection in the heart of the DOWNTOWN Duncanville District. Free-standing building situated on the corner of Main St. and E. Freeman St. with HUGE frontage on 2 major downtown streets. Property includes a CLASSIC retail sign at the street corner. The main portion of the property features an open floor plan with stained concrete flooring, 2 entrances, manager's office, built-in walk-in cooler (can be moved), kitchen, 1 full bath, and 2 half bathss. Tenant is month-to-month. The second lease space features a private front entrance, 3 offices, and 2 bathrooms. Tenant has a lease that expires in 2027. Advantageous investment opportunity to acquire a fully leased asset with upside potential via rent increases or future redevelopment. This is the perfect location for a 2-3 story redevelopment, restaurant, sports bar, gift shop, or special events venue! BEST INVESTMENT OPP!
Price History | |
---|---|
12/22/2022 | Listed $850,000 |
2/10/2023 | 9% - $780,000 |
5/2/2023 | 1% - $775,000 |
1/25/2024 | 4% - $750,000 |
General Features
Heating | Central |
---|---|
Cooling | Central Air |
Utilities | City Sewer,City Water,Electricity Connected,Individual Gas Meter,Individual Water Meter,Phone Available,Sewer Available |
Ceiling Height | 8 to10 Feet |
Possession | 30-60 Days |
Roof | Asphalt |
Exclusions | Floral arrangements,office furniture,and personal items. |
Year Built | 1972 |
Tenant Pays | All Utilities,Cable TV,Common Area Maintenance,Electricity,Gas,Grounds Care,Insurance,Janitorial Service,Pest Control,Security,Trash Collection,Water |
Business Type | Electronics,Florist/Nursery,Retail |
Business Name | N/A |
Building Use | Restaurant,Retail |
Average Monthly Lease | 36 |
Owner Pays | Exterior Maintenance,Roof Maintenance,Taxes |
Will Subdivide | No |
Gross Annual Expenses | 27082.00 |
Property SubType | Retail |
Subdivision Name | 0884 |
Accessibility Features | Accessible Kitchen |
Zoning Description | Commercial,retail,office |
Insurance Expense | 5292 |
Occupant Type | Tenant |
Occupant Name | Flowers by Angelina |
County | Dallas |
Operating Expense Includes | Insurance,Maintenance,Maintenance Grounds,Maintenance Structure,Trash,Utilities,Other |
Property Type | Commercial Sale |
Security Features | Burglar,Fire Alarm,Smoke Detector(s) |
Construction Materials | Concrete,Rock/Stone,Stucco |
Year Built Details | Preowned |
Green Energy Efficient | HVAC |
Number Of Leaseable Spaces | 2 |
Number Of Spaces Leased | 2 |
Special Notes | Agent Related to Owner |
Status | Active |
Directions | From Highway 67,exit Main Street and drive north. The property is on the right at the corner of Main Street and E. Freeman Street. From I-20,exit Main Street and drive south. The property is on th |
City | Duncanville |
Buyer Agent Compensation | 2 |
Floor Location Number | 1 |
Street Name | Main |
Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20220012 |
Standard Status | Active |
Buyer Agent Compensation Type | % |
Interior Features
Flooring | Concrete |
---|---|
Occupancy Rate | 100 |
Total Stories | 1 |
Total Units | 1 |
SQFT Gross | 4562 |
Lock Box Type | See Remarks |
Street Suffix | Street |
Exterior Features
Lot Features | Undivided |
---|---|
Freight Doors | No Dock |
Lot Size Source | Appraiser |
Parking Features | On Site,Outside,Parking Lot,Paved |
Lot Size | Less Than .5 Acre (not Zero) |
Foundation | Slab |
Lot Size Area | 7501.0000 |
Lot Size Dimensions | 78x94 |
Lot Size Units | Square Feet |
Construction Materials Walls | Texture |
Building Area Total | 4562.00 |
Road Frontage Type | City Street |
Lot Size Square Feet | 7501.0000 |
Lot Size Acres | 0.1722 |
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