113 N Gilmer St
Sulphur Springs, TX 75482
Retail Property For Sale

The premier building in Sulphur Springs! Located directly on the busiest corner of the downtown square known as "Celebration Plaza" in Sulphur Springs, Texas. Fully occupied with a full occupancy history. 5 income streams on this building: (1) ATM Lease, (1) Restaurant Lease, (3) Apartment Leases. Ground-level successful restaurant with three beautiful loft apartments upstairs Fantastic view of the historic courthouse, the renovated downtown square, walk to the weekly Farmer's Market, live music stage, movies on the square, or the Veterans War Memorial - all of this great activity is directly across the street from the most unique apartment building in East Texas! The entire building was renovated in 2014 - and has a "like-new" finish. This high-quality, stabilized, investment asset is being offered at an 8% cap rate. Spacious balconies off of each apartment with beautiful views of the square. Secured keycode dedicated resident building access, stackable washer & dryer in each apartment, granite countertops, custom wood cabinets, quality appliances, exposed beam ceilings, and central HVAC. *Seller offering 2% Buyer's Agent Commission *Seller is a licensed Texas Real Estate Sales Agent Located 80 miles directly east of Downtown Dallas, Sulphur Springs is poised to benefit from the unprecedented growth of the Dallas/Forth Worth MSA. The D/FW Metroplex has experienced one of the highest growth rates of any metro MSA in the entire country over the last several years.