About 1300 S Texas Avenue
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.
Features of 1300 S Texas Avenue
| MLS® # | 25003399 |
|---|---|
| Price | $785,000 |
| Year Built | 1960 |
| Type | Commercial Sale |
| Sub-Type | Retail |
| Status | Active |
Community Information
| Address | 1300 S Texas Avenue |
|---|---|
| Area | 101 |
| City | Bryan |
| County | Brazos |
| State | TX |
| Zip Code | 77803 |
Amenities
| Parking Spaces | 29 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Roof | Roof Over |
|---|---|
| Construction | Brick, Block, Other |
School Information
| District | Bryan |
|---|
Additional Information
| Days on Market | 206 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Agent | Cherry Ruffino |
|---|---|
| Office | Coldwell Banker Apex, REALTORS |