Address
427 W Main Street, Lewisville, TX
Price
$ 628,000
Property Attributes
- MLS#20520071
- TypeCommercial
- CountyDENTON
- CityLewisville
- NeighborhoodCowan
- Zip75057
- StyleBusiness
- Year Built1964
- Taxes$ 7389
- Price$ 628,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size10,542 SqFt
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Opportunity! Location! 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 | |
|---|---|
| 1/25/2024 | Listed $628,000 |
General Features
| Heating | Central |
|---|---|
| Cooling | Central Air |
| Utilities | All Weather Road,Asphalt,City Sewer,Natural Gas Available |
| Ceiling Height | 8 to10 Feet |
| Possession | Closing/Funding |
| Roof | Asphalt,Composition |
| Year Built | 1964 |
| Tenant Pays | All Utilities |
| Business Type | Mixed |
| Unexempt Taxes | 7389 |
| Building Use | Bar/Taverns,Beauty/Barber,Historical District,Medical,Office,Other |
| Owner Pays | All Utilities |
| Will Subdivide | Subdivided |
| Gross Annual Expenses | 12889.00 |
| Property SubType | Business |
| Subdivision Name | Cowan |
| Zoning Description | Currently zoned as OTMU2 |
| Insurance Expense | 4500 |
| County | Denton |
| Operating Expense Includes | Maintenance,New Tax |
| Property Type | Commercial Sale |
| Security Features | Carbon Monoxide Detector(s),Fire Alarm |
| Construction Materials | Frame,Stucco,Wood |
| Year Built Details | Preowned |
| Status | Active |
| Directions | GPS works accurately |
| City | Lewisville |
| Buyer Agent Compensation | 3 |
| Street Name | Main |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20520071 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Flooring | Combination,Laminate |
|---|---|
| Total Stories | 1 |
| Total Units | 1 |
| SQFT Gross | 23551 |
| Lock Box Type | None |
| Street Suffix | Street |
Exterior Features
| Lot Size Source | Public Records |
|---|---|
| Parking Features | Asphalt |
| Lot Size | Less Than .5 Acre (not Zero) |
| Foundation | Slab |
| Lot Size Area | 0.2420 |
| Lot Size Units | Acres |
| Building Area Total | 2065.00 |
| Lot Size Square Feet | 10541.5200 |
| Lot Size Acres | 0.2420 |
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
Taxes
Visits
Year Built
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