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2618 Old Iowa Park Rd 4,800 SF Retail Building Wichita Falls, TX 76306 $350,000 ($72.92/SF)

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INVESTMENT HIGHLIGHTS

  • Built in Bank Vault
  • Safe Deposit Boxes
  • High Visibility
  • 3 Drive Thru Lanes

EXECUTIVE SUMMARY

BANK ON IT!!! MAJOR PRICE REDUCTION!! Opportunity for a financial services property offering 4800 sf of professional office space with everything a financial institution needs. Six offices (w/ more possible), supply room, break room and vault offering 3x5, 3x10, 5x10 & 10x10 safe deposit boxes. Spacious lobby, indoor teller cubicles, drive up ATM w/ interior access for refills, 3 drive thru lanes complete w/ pneumatic tube system & teller drive up drawer, equipment room and night drop, IT room & assorted security features. ALL furnishings remain.
Property could possibly be divided into 2 business with security roll up door to separate. Priced GREATLY below tax appraisal of $835,000. Frame for pylon double sided sign stored in file room goes with sale - as well as ALL furnishings, file cabinets etc.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
4,800 SF
Building Class
C
Year Built
1994
Price
$350,000
Price Per SF
$72.92
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.69 AC
Zoning
GC - Commercial
Parking
49 Spaces (10.21 Spaces per 1,000 SF Leased)
Frontage
84’ on Old Iowa Park Rd

AMENITIES

  • Banking
  • Pylon Sign
  • Signage
  • Drive Thru

NEARBY MAJOR RETAILERS

United Supermarkets
Denny's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
104603
Land Assessment
$24,600
Improvements Assessment
$821,400
Total Assessment
$846,000
  • Listing ID: 34072411

  • Date on Market: 12/3/2024

  • Last Updated:

  • Address: 2618 Old Iowa Park Rd, Wichita Falls, TX 76306

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