About This Restaurant
Investment Highlights
Road frontage on HWY 82 3 Phase Power & Fiber Optic Lines Versatile Income Producing Space
Executive Summary
Over 7500 SQ FT of multi-use commercial space for sale in the heart of Saint Jo TX. Located with road frontage on HWY 82, a large parking lot, and endless opportunities. Includes automatic 12x12 garage door, 3 Phase power, fiber optic, city water & sewer. This charming building was once the town's grocery store. Additions and improvements have been made over the years. Easy commute to Gainesville, Wichita Falls and the ever growing DFW metroplex. 1 HR 15 Min from DFW Airport. There are so many options to transform this historic building; from a winery, construction or mechanic shop, retail, office space, or divide the spaces for income producing investments!
Property Details
- Sale Type Investment NNN
- Sale Condition Ground Lease (Leased Fee)
- Property Type Retail
- Property Subtype Retail Retail General Retail Fast Food General Retail Restaurant Retail
- Building Size 2,020
- Year Built 2024
- Price 2,995,000
- Price Per SF 1,483
- Cap Rate 5
- NOI 149,750
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.05
- Land Acres 1.03 AC
Amenities
- Security System
- Signage
- Storage Space
- Air Conditioning
- Fiber Optic Internet
Property Taxes
| Parcel Number | R000005072 | Improvements Assessment | $6,940 |
| Land Assessment | $113,640 | Total Assessment | $120,580 |
| Date Created: | 2024-07-16 04:23:44 | Last Updated: | 2024-07-16 04:23:44 |
| Address: | 300 Broad St , Saint Jo, Texas, 76265 | ||