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Long Bazzar 318 E Long Ave 89,736 SF 100% Leased Retail Building Fort Worth, TX 76106 $10,000,000 ($111.44/SF)
INVESTMENT HIGHLIGHTS
- Heavy Industrial Zoning
- 90% occupied
- Long Standing Business and Client Base
- Heavy weekend Foot Traffic
EXECUTIVE SUMMARY
318 E Long Ave in Fort Worth, Texas, is a dynamic commercial property situated in the thriving Northside neighborhood. Currently home to Long Bazaar—a well-established indoor marketplace featuring a variety of local vendors—this property offers an exceptional opportunity for investors or entrepreneurs seeking to capitalize on a high-traffic retail setting with major upside in revenues and potential decrease in expenses. In addition to its vibrant tenant mix and steady customer base, the property, along with the two adjacent lots to the south, benefits from commercial-heavy industrial zoning. This flexible zoning significantly enhances its development potential, making it an ideal investment for those looking to expand or diversify their commercial portfolio in a growing area.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Bulk/Portfolio Sale
Property Type
Building Size
89,736 SF
Building Class
C
Year Built
1956
Price
$10,000,000
Price Per SF
$111.44
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
10 Exterior
Building FAR
0.19
Lot Size
10.87 AC
Opportunity Zone
Yes
Zoning
K - "K" zoning designates a Heavy Industrial district. This zoning allows for a wide range of uses; like metal fabrication, asphalt plants, and more
Parking
165 Spaces (1.84 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Food Court
- Restaurant
- Security System
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 04668723 | Improvements Assessment | $3,149,708 |
| Land Assessment | $596,770 | Total Assessment | $3,746,478 |
PROPERTY TAXES
Parcel Number
04668723
Land Assessment
$596,770
Improvements Assessment
$3,149,708
Total Assessment
$3,746,478
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Long Bazzar | 318 E Long Ave
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