Address
435 W Main Street, Lewisville, TX
Price
$ 668,000
Property Attributes
  • MLS#20520193
  • TypeCommercial
  • CountyDENTON
  • CityLewisville
  • NeighborhoodCowan
  • Zip75057
  • StyleBusiness
  • Year Built1920
  • Taxes$ 6955
  • Price$ 668,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.304 Acres
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 $668,000

General Features

Heating Central
Cooling Ceiling Fan(s)
Utilities Asphalt,City Sewer,City Water,Electricity Connected,Natural Gas Available,Phone Available
Ceiling Height 8 to10 Feet
Possession Closing/Funding
Roof Asphalt,Composition
Year Built 1920
Tenant Pays All Utilities
Business Type Bar/Tavern/Lounge,Health Services,Medical,Mixed,Retail,Other
Unexempt Taxes 6955
Building Use Office
Owner Pays All Utilities
Will Subdivide Subdivided
Gross Annual Expenses 7955.00
Property SubType Business
Subdivision Name Cowan
Zoning Description Currently zoned as LC Local Commercial Opportunity Zone Old Town Development
Insurance Expense 4000
Occupant Type Vacant
County Denton
Operating Expense Includes Accounting,Gardener,Insurance,Maintenance,New Tax
Property Type Commercial Sale
Security Features Burglar,Carbon Monoxide Detector(s),Fire Alarm
Construction Materials Board & Batten Siding,Frame,Siding,Wood
Year Built Details Preowned
Special Notes Aerial Photo
Status Active
Directions Google Maps works appropriately
City Lewisville
Buyer Agent Compensation 3
Street Name Main
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Flooring Combination
Total Stories 1
Total Units 1
SQFT Gross 13233
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 0.3040
Lot Size Units Acres
Building Area Total 1718.00
Road Frontage Type City Street
Lot Size Square Feet 13242.2400
Lot Size Acres 0.3040

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
$670K
Taxes
AVG $6,769
$6,955
Visits
AVG 84
68
Data Provided by Inside Real Estate®
Year Built
AVG 1963
1920