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107 N Kent St 10,005 SF Vacant Retail Building Gorman, TX 76454 $265,000 ($26.49/SF)
Investment Highlights
- Endless possibilities!
- Easy access to Highway 6 and 30 min from Stephenville.
Executive Summary
Endless possibilities! Don't miss your chance to own a piece of historic downtown Gorman. A full restaurant and kitchen on ground level, bar and event center on the 2nd floor as well as 3 rooms that could easily be converted to a living space. All equipment and furniture conveys! Rooms upstairs could be used as Airbnb for additional income.
All equipment is in good working order and fully functioning. Easy access to Highway 6 and 30 min from Stephenville.
All equipment is in good working order and fully functioning. Easy access to Highway 6 and 30 min from Stephenville.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
10,005 SF
Building Class
C
Year Built
1920
Price
$265,000
Price Per SF
$26.49
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.30
Lot Size
0.10 AC
Zoning
No Zoning - No Zoning
Parking
3 Spaces (0.3 Spaces per 1,000 SF Leased)
Frontage
60’ on Kent Street
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 13675 | Improvements Assessment | $206,320 |
| Land Assessment | $1,440 | Total Assessment | $165,840 |
Property Taxes
Parcel Number
13675
Land Assessment
$1,440
Improvements Assessment
$206,320
Total Assessment
$165,840
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107 N Kent St