138 Live Oak St

Investment Highlights

Heavy daytime traffic Open Floor Plan , many of opportunities Downtown Main Street

Executive Summary

Price lowered ! Here is your chance to own your own office suites / retail / restaurant/ work out facility / etc. The options are endless. Come make your dreams come true!!! Welcome to the historic Down Town Marlin Area, busy streets, historical area , with plenty of business opportunity. This 5000 sq foot building holds room for two different business suites if desired. Recently remodeled. Metal roof, spray foam insulation , new water heater, new AC units, new electrical ,new plumbing and new remodeled restrooms. Unit could be split and walled off for two different business ventures with their own restrooms, or One large space 100ft X 500ft in size. Beautifully remodeled front entrance with newer glass doors and windows. Stone veneer front inviting for all future customers and clientele. Front street entrance or planning a large crowd ? No worries plenty of concrete parking space in the rear of the building for a double entrance opportunity. Next door to Ace Hardware , Attorney at Laws and a Nail Salon, the PERFECT PLACE FOR YOUR NEW BUSINESS!!! Call your favorite realtor today for more information! Buyers to verify cap rate and lease per square foot.

• Sale Type    Investment or Owner User
• Sale Condition    Redevelopment Project
• Property Type    Retail
• Property Subtype    Storefront Retail/Office Storefront Retail/Office General Retail Restaurant OfficeLoft Creative Space General Retail Health Club Storefront Retail/Office
• Building Size    5,500
• Building Class    B
• Year Built/Renovated    1900/2023
• Price    289,000
• Price Per SF    53
• Cap Rate    10.26
• NOI    29,645
• Percent Leased    Vacant
• Building Height    1 Story
• Building FAR    0.97
• Land Acres    0.13 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

• Energy Performance Rating - A
• Storage Space
• Recessed Lighting
• Air Conditioning