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611 Lincoln Ave 8,098 SF 100% Leased Retail Building Robstown, TX 78380 $249,000 ($30.75/SF)

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INVESTMENT HIGHLIGHTS

  • This property can have multi uses. It is basically 2 different buildings connected as 1. Previously the back building was used as a hall/night club
  • Canopy carport structure area can be used for extra parking or outdoor events
  • The front building area was previously used as an office space and salon. They ran as 2 separate buldings

EXECUTIVE SUMMARY

The property is being sold as is, where is. Seller will not consider assignment contracts or blind offers. REO owned so details about property are not known. Seller has no actual knowledge of condition of property.
Excellent corner commercial building with lots of possibilities. It is basically a 2 in 1. The Front attached building area can be used for office/retail and was even previously used as a salon. The back warehouse building was previously a bar/club and a rental hall for events and parties. There is a kitchen area, bar area, stage area. Other possibilities could be a warehouse, church, gym, retail shops, and much more. Huge covered carport area for extra parking or outdoor set ups! Bring your vision to life here.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
REO Sale
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,098 SF
Building Class
C
Year Built
1992
Price
$249,000
Price Per SF
$30.75
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Lot Size
0.49 AC
Opportunity Zone
Yes
Zoning
B-1
Parking
20 Spaces (3.52 Spaces per 1,000 SF Leased)
Frontage
151’ on Kansas St

NEARBY MAJOR RETAILERS

H-E-B
Rent-A-Center

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
245115
Land Assessment
$85,200
Improvements Assessment
$544,465
Total Assessment
$629,665
  • Listing ID: 31365104

  • Date on Market: 3/29/2024

  • Last Updated:

  • Address: 611 Lincoln Ave, Robstown, TX 78380

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