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415 N Main St
Belton, TX 76513
415 N Main St, Belton, TX 76513 · Retail Property For Sale

Investment Highlights

  • Heavy traffic
  • Rare Opportunity! Residential & Commercial Investment!
  • Downtown Belton

Executive Summary

RARE SIGHT!! Here is an opportunity to have a great passive income right on Main St of Belton. This property is at 25% occupancy. Schedule today to take a look at the possibilities!
Residential: Renews on June 30, 2023
Everyone wants to renew and we can secure extensions on all if that's what the buyers want.
Asking $589,000: Owner finance 25% down, 5 year balloon on a 30 year amortization at 8.49%.
*The retail tenant recently updated the retail space by approximately $100k. If made to vacate they will retail the glass walls making the conference room.
*Tenants are currently responsible for maintenance.
Roof is 4 years old.
HVAC units are 6 & 8 years old.
Water heaters less than 5 years.
Insurance is approx $5500 annually for all the addresses.

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
Bulk/Portfolio Sale
Property Type
Retail
Building Size
6,033 SF
Building Class
C
Year Built
1972
Price
$589,000
Price Per SF
$97.63
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.35
Lot Size
0.40 AC
Opportunity Zone
Yes
Parking
15 Spaces (3.43 Spaces per 1,000 SF Leased)
Frontage
67’ on North Main

Property Taxes

Property Taxes

Parcel Number
47471
Land Assessment
$60,547
Improvements Assessment
$338,976
Total Assessment
$399,523
  • Listing ID: 40089154

  • Date on Market: 3/2/2023

  • Last Updated:

  • Address: 415 N Main St, Belton, TX 76513

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