Neches Plaza 790 Neches 6,426 SF 56% Leased Retail Building Beaumont, TX 77701 $925,000 ($143.95/SF)

WELCOME TO THE NECHES PLAZA LOCATED IN DOWNTOWN BEAUMONT. THIS COMMERCIAL PROPERTY CONSISTS OF A 2008 BUILT +/-6,426 SF MULTI-SUITE STRIP CENTER WHICH SITS ON A +/-0.49 ACRTRACT OF LAND & INCLUDES AN ADDITIONAL +/-0.15 AC TRACT OF LAND ADJACENT THAT SPANS THE ENTIRE BLOCK ALONG NECHES ST. BETWEEN WALL ST. & FORSYTHE ST & ALSO IMMEDIATELY ADJACENT TO & SPANNING THE ENTIRE EASTERN BOUNDARY OF THE CATHEDRAL SQUARE CONDOMINIUMS; ALSO INCLUDED IS +/- 0.89 ACRES OF THE ASPHALT PARKING LOT DIRECTLY ACROSS NECHES ST FROM THE BLDG WHICH CAN BE USED FOR PARKING FOR THE NECHES PLAZA IN ADDITION TO STREET PARKING; THIS PAVED PARKING AREA IS MORE THAN LARGE ENOUGH IN SIZE FOR THE POTENTIAL TO FURTHER DEVELOP AND IMPROVE A PORTION IT FOR FUTURE NEEDS/INVESTMENT POTENTIAL; THE BUILDING CONSISTS OF THREE SUITES: SUITE A (2,808 SF): CURRENTLY VACANT AND FORMERLY THE NEW YORK PIZZA PASTA RESTAURANT THAT IS READY TO PLUG AND GO WITH ALL FFE INCLUDED FROM THE RESTAURANT STILL IN PLACE; SUITE B (1,625 SF): LAS CAZUELAS MEXICAN RESTAURANT & SUITE C (1,875 SF): GREEK GYRO RESTAURANT; BOTH TENANTS IN SUITES B AND C ARE CURRENTLY UNDER 3 YEAR NNN LEASE TERMS; PROPERTY IS ZONED CBD - CENTRAL BUSINESS DISTRICT (PLEASE VERIFY WITH CITY OF BEAUMONT) LEASES AND INCOME DATA UPON REQUEST.