Address
121 Gilmer, Longview, TX
Price
$ 419,500
Property Attributes
  • MLS#20548431
  • TypeCommercial
  • CountyGREGG
  • CityLongview
  • NeighborhoodSkillern I C Sur
  • Zip75604
  • StyleOffice
  • Year Built1989
  • Taxes$ 6209
  • Price$ 419,500
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.63 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Prime Investment Opportunity. Building with Established Medical Professional Tenant. Don't miss this exceptional opportunity to own a high-quality commercial property with a reliable tenant in high traffic location. This well-maintained building is currently leased to a reputable medical professional, ensuring a stable income stream.

Price History
2/29/2024 Listed $450,000
3/14/2024 7% - $419,500

General Features

Heating Central
Cooling Central Air
Utilities City Sewer,City Water
Ceiling Height 8 to10 Feet
Possession Lease Outstanding
Roof Composition
Year Built 1989
Tenant Pays All Utilities
Business Type Medical
Unexempt Taxes 6209
Building Use Medical
Owner Pays Insurance,Taxes
Will Subdivide No
Gross Annual Expenses 8789.00
Property SubType Office
Subdivision Name SKILLERN I C SUR
Accessibility Features Accessible Approach with Ramp
Zoning Description Heavy Commercial
Insurance Expense 2580
Occupant Type Tenant
County Gregg
Operating Expense Includes Insurance
Property Type Commercial Sale
Construction Materials Brick
Year Built Details Preowned
Number Of Leaseable Spaces 1
Number Of Spaces Leased 1
Status Active
Directions Hwy 80 N on Gilmer Rd. Property on Left hand sid.
City Longview
Buyer Agent Compensation 3
Street Name Gilmer
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Flooring Carpet,Combination
Occupancy Rate 100
Total Stories 1
Total Units 1
SQFT Gross 27443
Lock Box Type None

Exterior Features

Lot Size Source Assessor
Parking Features Concrete
Lot Size .5 to < 1 Acre
Foundation Slab
Lot Size Area 0.6300
Lot Size Units Acres
Construction Materials Walls Brick
Building Area Total 3795.00
Road Frontage Type City Street
Lot Size Square Feet 27442.8000
Lot Size Acres 0.6300

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 75604

Price
AVG $640K
$420K
Taxes
AVG $7,127
$6,209
Visits
AVG 11
11
Data Provided by Inside Real Estate®
Year Built
AVG 1984
1989