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705 Lamar St 7,392 SF 100% Leased Office Building Wichita Falls, TX 76301 $475,000 ($64.26/SF)
Investment Highlights
- Office building located in the heart of downtown Wichita Falls.
- 10+ private offices, several with adjoining work areas, plus a conference room, break room, copy/supply rooms, IT closet & ample storage.
- Versatile floor plan allows for subdivision into multiple units with separate entrances.
- Two separate reception areas off the main entrance, ideal for multiple office suites or collaborative workspaces.
- Private parking lot with side entrance.
- Lot at 706 Travis St. included.
Executive Summary
Outstanding office building in the heart of downtown Wichita Falls. The spacious layout features two separate reception areas off the main entrance, ideal for multiple office suites or collaborative workspaces. Includes 10+ private offices, several with adjoining work areas, plus a conference room, break room, copy/supply rooms, IT closet & ample storage. Private parking lot with side entrance. Versatile floor plan allows for subdivision into multiple units with separate entrances. Lot on Travis included.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
7,392 SF
Building Class
C
Year Built
1953
Price
$475,000
Price Per SF
$64.26
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,392 SF
Zoning
CBD - Located within Central Business District
Amenities
- Storage Space
- Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 159566 | Improvements Assessment | $382,688 |
| Land Assessment | $18,753 | Total Assessment | $401,441 |
Property Taxes
Parcel Number
159566
Land Assessment
$18,753
Improvements Assessment
$382,688
Total Assessment
$401,441
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705 Lamar St