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344 Broadway - Word of Life Church 2,400 SF Specialty Building Offered at $275,000 at a 8.72% Cap Rate in Winnie, TX 77665

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Investment Highlights

Corner lot with extra parking in rear
Kitchen and Restrooms are already located in building

Downtown Winnie, TX/Prime location

Executive Summary

Rare opportunity for prime location in downtown Winnie. Currently being used as a church but can easily by converted to restaurant, retail, etc. Kitchen and separate restrooms are already in place.

Property condition Broadway

Third Party Reports

Property Facts

Price	$275,000	Building Class	C
Price Per SF	$114.58	Lot Size	0.15 AC
Sale Type	Investment or Owner User	Building Size	2,400 SF
Cap Rate	8.72%	No. Stories	1
Property Type	Specialty	Year Built	1993
Property Subtype	Religious Facility General Retail Restaurant General Retail Storefront General Retail Storefront Retail/Office	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	none

Price	$275,000
Price Per SF	$114.58
Sale Type	Investment or Owner User
Cap Rate	8.72%
Property Type	Specialty
Property Subtype	Religious Facility General Retail Restaurant General Retail Storefront General Retail Storefront Retail/Office
Building Class	C
Lot Size	0.15 AC
Building Size	2,400 SF
No. Stories	1
Year Built	1993
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	none