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1615 W Avenue L
Temple, TX 76504
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Large parking area
- Large Gas input
- New floors
- Large electrical input
- All new HVAC
- New bathrooms
EXECUTIVE SUMMARY
This is a wonderful property which was renovated and would be ideal for an office space, spa, medical or legal use building.
There is significant parking which has been recoated with pavement sealant. There are 2 ADA ramps for the building and it is one floor. There are 25+ parking spots all around the building and it still retains the stain glass windows in the entrance way. The HVAC system is brand new with 3 new gas/ electric units. The roof is in good condition. Floors and paint are new and the bathrooms are renovated. Originally the building had 6 HVAC units and at one time had a kitchen. The gas entry is very large and would allow almost any use. There are 100amp breakers going unused which allow for multiple opportunities. A data center or even an MRI could easily be placed in this location.
It is just a few blocks away from BSW so a medical office would also work well.
Presently it is used for medical but could be transformed into almost anything.
The entire neighborhood around it is being upgraded and renovated and we expect in 5 years that demand for this area will increase.
There is significant parking which has been recoated with pavement sealant. There are 2 ADA ramps for the building and it is one floor. There are 25+ parking spots all around the building and it still retains the stain glass windows in the entrance way. The HVAC system is brand new with 3 new gas/ electric units. The roof is in good condition. Floors and paint are new and the bathrooms are renovated. Originally the building had 6 HVAC units and at one time had a kitchen. The gas entry is very large and would allow almost any use. There are 100amp breakers going unused which allow for multiple opportunities. A data center or even an MRI could easily be placed in this location.
It is just a few blocks away from BSW so a medical office would also work well.
Presently it is used for medical but could be transformed into almost anything.
The entire neighborhood around it is being upgraded and renovated and we expect in 5 years that demand for this area will increase.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
4,913 SF
Building Class
C
Year Built/Renovated
1920/2022
Price
$819,000
Price Per SF
$166.70
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,913 SF
Building FAR
0.35
Lot Size
0.32 AC
Zoning
General Retail
Parking
30 Spaces (6.11 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 101112 | Improvements Assessment | $210,460 |
| Land Assessment | $50,540 | Total Assessment | $261,000 |
PROPERTY TAXES
Parcel Number
101112
Land Assessment
$50,540
Improvements Assessment
$210,460
Total Assessment
$261,000
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