Commercial Retail Space with Upstairs Loft 1213 Washington St 2,996 SF 100% Leased Retail Building Commerce, TX 75428 $335,000 ($111.82/SF)



INVESTMENT HIGHLIGHTS
- Walkable location.
- Located in a historic neighborhood
EXECUTIVE SUMMARY
This 1920 building downtown Commerce on the square was remodeled a few years ago. It has 1896 square feet of downstairs commercial space and 1100 square feet upstairs loft style living space. Downstairs the commercial space was previously used as a yogurt shop. The kitchen area has a three compartment sink and a hand washing sink as well as counter space for prepping. Counter with sneeze bar and individual compartments for toppings. The supply area has a commercial freezer and a commercial refrigerator plus four yogurt machines. Deliveries can be made through double doors via the alley. Mop sink is located in the storage area. One restroom. All commercial equipment can be purchased separately. Upstairs the loft has one bedroom and two full bathrooms. Original hardwood floors were refinished a few years ago. Rooftop covered porch. Entire roof replaced in the last few years with metal.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,996 SF
Building Class
C
Year Built
1920
Price
$335,000
Price Per SF
$111.82
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.15
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
F1 - Real Commercial Property
Frontage
48’ on Washington St
NEARBY MAJOR RETAILERS







PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $226,270 | |
Land Assessment | $25,950 | Total Assessment | $252,220 |