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1300 7th St
Bay City, TX 77414
Retail Property For Sale
Investment Highlights
- Highly visible location along Bay City’s primary commercial corridor with 193 feet of frontage on 7th Street.
- Convenient access to State Highway 35 and Highway 60 connecting to Houston and Gulf Coast industrial assets.
Executive Summary
Mixed-use investment property at 1300 7th St in Bay City, TX featuring Roma’s Italian Restaurant & Pizza, a bar space, and a 2BR/2BA apartment. The restaurant is fully equipped and long-term leased, with upside from a vacant bar space. The property has seen recent improvements including a new roof, HVAC, and flooring, and is located near TX-60 and TX-35 with roughly 30,000 vehicles per day.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,700 SF
Building Class
B
Year Built
1939
Price
$990,000
Price Per SF
$128.57
Cap Rate
10.05%
NOI
$99,500
Percent Leased
100%
Building Height
1 Story
Building FAR
0.26
Lot Size
0.69 AC
Zoning
Commercial - Commercial
Parking
26 Spaces (3.38 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Courtyard
- Signage
Property Taxes
| Parcel Number | 24738 | Improvements Assessment | $654,760 |
| Land Assessment | $64,050 | Total Assessment | $718,810 |
Property Taxes
Parcel Number
24738
Land Assessment
$64,050
Improvements Assessment
$654,760
Total Assessment
$718,810
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