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Historic Gentry & Shelton Building 104 E College St 2,952 SF Vacant Retail Building Stephenville, TX 76401 $599,000 ($202.91/SF)
INVESTMENT HIGHLIGHTS
- Downtown Stephenville’s best corner
- 2 levels plus the old county-jail basement
EXECUTIVE SUMMARY
Downtown Stephenville’s best corner! This is the Historic Gentry & Shelton Building built in 1873, the oldest surviving building on the square. The area is booming with new development and this one sits miles ahead because it’s truly build-ready. Full sealed architectural including MEPS's are complete. The entire design is already approved by the THC making it eligible for 45% in combined tax credits. That review work is costly and time-consuming and it’s already done. Literally next door the adjoining building is currently being updated to become retail space and next to it a boutique hotel being built! The building has 2 levels plus the old county-jail basement. Zoning is B4 private club, can shift to DT. Inventory on the square is tight and nothing else comes with this level of prep. A rare shot at a project with major value unlocked.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
2,952 SF
Year Built
1873
Price
$599,000
Price Per SF
$202.91
Percent Leased
Vacant
Building Height
3 Stories
Zoning
B4
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R000029156 | Improvements Assessment | $90,150 |
| Land Assessment | $17,660 | Total Assessment | $107,810 |
PROPERTY TAXES
Parcel Number
R000029156
Land Assessment
$17,660
Improvements Assessment
$90,150
Total Assessment
$107,810
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Presented by
Byrd Realty Group - Keller Williams Brazos West
Historic Gentry & Shelton Building | 104 E College St
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