1300 S Texas Avenue, Bryan, TX 77803

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List Price
$835,000
Status
ACTIVE
MLS#
25003399
Price Change
▲ $50,000 1773955010
Year Built
1960
Lot Size
24,080

Property Description

Discover an exceptional investment opportunity with this commercial building situated in the vibrant Mid-Town Bryan on Texas Ave. This highly sought-after property boasts an impressive 7.14% Cap Rate. Located in an area with a traffic count exceeding 16,000 vehicles per day, your tenants will benefit from maximum visibility and exposure. This versatile property features three separate spaces, each equipped with individual electrical meters and HVAC units, allowing for diverse tenant needs. The building includes ATMOS Gas on a single meter for cost efficiency. One of the key highlights is the recently remodeled space dedicated to the anchor tenant, showcasing modern finishes and improvements that enhance its appeal. The property is thoughtfully equipped with essential updates, including a new roof installed in 2020 and two new 5-ton HVAC units, ensuring long-term durability and comfort for all tenants. The convenience of twenty-nine parking spaces provides ample space for both tenants and their customers. Zoned within the MIDTOWN CORRIDOR DISTRICT (MT-C), the property offers a wide array of potential uses and development options. Seize this rare opportunity to secure a thriving commercial asset in a bustling location.

Additional Information

Exterior
Brick, Block, Other
Parking Spaces
29
Middle School
School District
Bryan

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Apex, REALTORS.