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412 S Van Buren St
Amarillo, TX 79101
Jupe Motor Supply Inc · Industrial Property For Sale

INVESTMENT HIGHLIGHTS

  • 13,276 Square-Foot Industrial Asset on 0.78 Acres of Land
  • Short-Term Leaseback Gives Investor Ample Time to Replace Tenant or for Owner-User to Plan Their Occupancy
  • Located in the Northwest Zone of Downtown Amarillo, One Block from Amarillo’s Business and Financial Sector
  • Brick Construction with Showroom Space, Four Grade-Level Doors, and Central Business Zoning
  • Sale Includes Additional Lot Just South of Building, Providing Convenient Tenant Parking
  • The Northwest Zone has Excellent Potential for Redevelopment Due to Its Convenience and Walkability to the Downtown Core

PROPERTY FACTS

Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.78 AC
Rentable Building Area 13,276 SF
No. Stories 1
Year Built 1962
Tenancy Single
Parking Ratio 2.26/1,000 SF
No. Drive In / Grade-Level Doors 4
Zoning CB

AMENITIES

  • Fenced Lot

ABOUT 412 S VAN BUREN ST , AMARILLO, TX 79101

Marcus & Millichap is pleased to present the opportunity to acquire the property located at 412 South Van Buren Street in Amarillo, Texas leased to Jupe Motor Supply Inc. The subject property consists of approximately 13,276 square feet of space and is situated on 0.78 acres of land. The subject property features brick construction with showroom space, four grade-level doors, and central business zoning. The sale includes an additional lot just south of the building, providing convenient tenant parking. The short-term leaseback with Jupe Motor Supply, Inc. gives an investor ample time to replace tenant or for an owner-user to plan their occupancy. The asset is located one block from Amarillo’s business and financial sector and in the northwest zone of Downtown Amarillo with excellent potential for redevelopment due to its convenience and walkability to the downtown core.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R-031-0500-2262-0
Land Assessment
$21,000
Improvements Assessment
$239,123
Total Assessment
$260,123
  • Listing ID: 18291330

  • Date on Market: 1/24/2020

  • Last Updated:

  • Address: 412 S Van Buren St, Amarillo, TX 79101

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