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119 Magnolia Blvd 2,400 SF 100% Leased Office Building Magnolia, TX 77355 $500,000 ($208.33/SF)
INVESTMENT HIGHLIGHTS
- Heavy daytime traffic
- Updated
- Historic Charm
EXECUTIVE SUMMARY
Meticulously restored Craftsman Bungalow in the heart of downtown Magnolia! This commercial property has been restored to its former glory, including restored hardwood floors, updated interior/exterior paint, interior shiplap walls, new lighting and plumbing fixtures, updated HVAC, sprinkler system, and so much more! This commercial property is occupied by tenant and has additional space in the back for income opportunities. This rare find won't last long, give me a call to schedule your showing! Great investment opportunity in a fast-growing thriving city located on the Magnolia stroll.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
2,400 SF
Building Class
C
Year Built
1959
Price
$500,000
Price Per SF
$208.33
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,400 SF
Building FAR
0.34
Lot Size
0.16 AC
Zoning
TC - Town Center
Parking
12 Spaces (5 Spaces per 1,000 SF Leased)
AMENITIES
- Fenced Lot
- Air Conditioning
- Fiber Optic Internet
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PROPERTY TAXES
| Parcel Number | 7120-00-20800 | Improvements Assessment | $174,973 |
| Land Assessment | $55,200 | Total Assessment | $230,173 |
PROPERTY TAXES
Parcel Number
7120-00-20800
Land Assessment
$55,200
Improvements Assessment
$174,973
Total Assessment
$230,173
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119 Magnolia Blvd
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