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175 N Capitol St 4,612 SF 100% Leased Retail Building Canton, TX 75103 $375,000 ($81.31/SF)
INVESTMENT HIGHLIGHTS
- Refurbished 1,742 Unit
- Open floor concept with modern finishes
- 11ft - 14ft tall ceilings
- Surrounded by stores, restaurants, and foot traffic of the Famous First Monday Trade Days
EXECUTIVE SUMMARY
This refurbished 1,700± sq ft commercial property in downtown Canton provides excellent visibility and endless opportunity. The space, which is now used as an art studio, was completely updated in 2024 and is currently leased through July of 2025. This property, with modern finishes, an open-concept layout, and an inviting storefront, is excellent for retail, office, studio, or gallery space. Surrounded by stores, restaurants, and foot traffic from Canton's First Monday Trade Days, this location in the heart of East Texas combines charm with convenience. Don't pass up your opportunity to acquire a turnkey business property in downtown Canton.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$19,200
|
$4.16
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$19,200
|
$4.16
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $19,200 |
| Annual Per SF | $4.16 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $19,200 |
| Annual Per SF | $4.16 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Building Size
4,612 SF
Building Class
C
Year Built/Renovated
1953/2024
Price
$375,000
Price Per SF
$81.31
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.62
Lot Size
0.17 AC
Zoning
F1 - Real Commercial
Frontage
75’ on North Capitol Street
AMENITIES
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R000000577 | Improvements Assessment | $0 |
| Land Assessment | $4,970 | Total Assessment | $4,970 |
PROPERTY TAXES
Parcel Number
R000000577
Land Assessment
$4,970
Improvements Assessment
$0
Total Assessment
$4,970
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175 N Capitol St
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