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1819 Spring St - Civic Center 27,833 SF Specialty Building Offered at $650,000 in Palestine, TX 75803
INVESTMENT HIGHLIGHTS
- large Auditorium with conference/office and meeting rooms
- expansive parking
- soaring high ceilings
EXECUTIVE SUMMARY
Located in Palestine, Texas on the corner of High Traffic LOOP 256 & Spring Street also across from DPS in close proximity to Texas A&M Forest Service, BARC & UT Tyler-Palestine. this large Municipal Auditorium has lots of potential for future uses. Included with the building are 9.534 Commercial Acres for future endeavors. Existing building needs a lot of maintenance and value has been placed mainly on the large asphalt parking lot, location, possibility of use for acres. Building has soaring high ceilings, was built in 1981 & is approximately 27,833sqft w/multiple entrances and walled off conference/office/meeting rooms (floor plan available). Expansive parking lot has ample parking for special events, gatherings and office meetings. This property is being SOLD through a SEALED bid process & the decision will be made on or after FEBRUARY 28,2025.
PROPERTY FACTS
| Price | $650,000 | Building Class | C |
| Price Per SF | $23.35 | Lot Size | 9.53 AC |
| Sale Type | Investment or Owner User | Building Size | 27,833 SF |
| Sale Condition | Deferred Maintenance | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1981 |
| Price | $650,000 |
| Price Per SF | $23.35 |
| Sale Type | Investment or Owner User |
| Sale Condition | Deferred Maintenance |
| Property Type | Specialty |
| Building Class | C |
| Lot Size | 9.53 AC |
| Building Size | 27,833 SF |
| No. Stories | 1 |
| Year Built | 1981 |
AMENITIES
- Signage
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | R46564 | Improvements Assessment | $555,255 |
| Land Assessment | $86,547 | Total Assessment | $641,802 |
PROPERTY TAXES
Parcel Number
R46564
Land Assessment
$86,547
Improvements Assessment
$555,255
Total Assessment
$641,802
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1819 Spring St - Civic Center
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