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405 Rusk St 1,725 SF Retail Building Newton, TX 75966 $85,000 ($49.28/SF)



Executive Summary
This building can be turned into a customized home/loft. It has a downtown location and sits diagonally from the courthouse square. It is walking distance to beautiful Caney Creek Park and other downtown businesses. This unique stone front building has 2 large window displays to maximize natural light. This building was previously used for retail but can be turned into a residential home, loft apartment, home rental space or home & retail all in one. The property boasts a metal roof, vinyl plank flooring, large front room, a smaller room that can be used as a bedroom, large back room with built in work stations, a walk-in closet located in the back room, kitchen or break room area, and one restroom. This unique property has a floating ceiling so you can add or take away walls with ease. Elevate your style and turn this place into the perfect living space. (Seller is a Texas licensed realtor. Agent remarks for license #.) Bring your dreams and aspirations to the heart of East Texas.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,725 SF
Building Class
C
Year Built
1950
Price
$85,000
Price Per SF
$49.28
Tenancy
Single
Building Height
1 Story
Building FAR
0.80
Lot Size
0.05 AC
Opportunity Zone
Yes
Frontage
34’ on Rusk St
Nearby Major Retailers
CommunityBank of Texas
Property Taxes
| Parcel Number | 23086 | Improvements Assessment | $55,029 |
| Land Assessment | $4,950 | Total Assessment | $59,979 |
Property Taxes
Parcel Number
23086
Land Assessment
$4,950
Improvements Assessment
$55,029
Total Assessment
$59,979
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405 Rusk St
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