116 Historic Town Square, Lancaster, TX 75146
sale
$350,000
|
Retail
Courtesy Of Town Square Realty, Listed By Ellen Clark
INVESTORS THIS BUILDING BRINGS IN 3300 PER MONTH. Building is half leased with several applications for 2nd space. The building was rebuilt in 1996 as a new building after 1994 tornado It retained parts of old wall. Allot of the interior walls are brick and it has high ceilings. Floors are all vinyl wood. In the past 3 years improvements area roof, new h ac on 104 unit with a roof top unit, in 2024 the north wall was resealed and stucco added to protect the damaged original bricks that had once been an interior wall. The sewer line has been replaced inside the building and the sewer line on the outside replaced. The cap on the exterior walls has been replaced or repaired. This is a solid brick building in good condition. Agent is owner and selling this building in preparation for retirement. Repairs over the past 24 months have exceeded $30K. Building is 2 units with separate meters for all utilities. S Dallas side has been a barbershop for over 30 years and has done good business. Front side is leased to an experienced photography studio. Barbershop area has several applicants.
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Property Features
- Age: 21-30 Years Old
- Amenities: Ceiling Fan
- Architecture Style: Other
- Cooling System: Ceiling Fan(s)
- Cooling System: Electric
- Cooling System: Central Air
- Exterior Type: Brick
- Floor Covering: Vinyl
- Heating System: Central
- Heating System: Natural Gas
- MLSID: 20851707
- Roof Type: Built-Up
- Roof Type: Flat
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