Price Reduction
Address
1727 Fannin Street, Vernon, TX
Price
$ 450,000
Property Attributes
  • MLS#20524413
  • TypeCommercial
  • CountyWILBARGER
  • CityVernon
  • NeighborhoodOriginal Town
  • Zip76384
  • StyleBusiness
  • Year Built1928
  • Taxes$ 752
  • Price$ 450,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size4,966 SqFt
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Located in Vernon this commercial property presents a unique investment opportunity! Built in 1928 by Texas rancher CT Herring, known for his architectural contributions including the Herring Hotel and Palo Duro Hotel in Amarillo and the nearby Wilbarger Hotel in Vernon. Originally housing Montgomery-Ward & Company, this building features the company's iconic facade and logo; terra-cotta facade depicting an urn statuary along the curvilinear parapet, foliage swags, and a variety of medallions, green terracotta panels and at the heart of the facade lies the iconic Montgomery Ward logo: The Spirit of Progress, depicting a graceful woman symbolizing advancement. Spanning 4 stories and over 14,000 square feet, the property offers a versatile blend of retail and warehouse space, catering to diverse business needs. Building also has an apartment and kitchen! Original freight elevator was functioning until 2023. Don't miss the chance to own a piece of Texas history!

Price History
2/1/2024 Listed $500,000
5/1/2024 10% - $450,000

General Features

Heating Central
Cooling Ceiling Fan(s),Central Air
Utilities City Sewer,City Water,Concrete,Curbs,Sidewalk
Ceiling Height Less than 8 Ft,8 to10 Feet
Possession Closing/Funding
Roof Other
Exclusions All personal items.
Year Built 1928
Tenant Pays All Utilities
Business Type Retail
Unexempt Taxes 752
Building Use Retail,Other
Will Subdivide No
Gross Annual Expenses 0.00
Property SubType Business
Subdivision Name Original Town
Zoning Description Commercial
Occupant Type Owner
County Wilbarger
Property Type Commercial Sale
Construction Materials Brick
Year Built Details Preowned
Status Active
Directions Please use GPS
City Vernon
Buyer Agent Compensation 3
Street Name Fannin
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20524413
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Flooring Carpet,Hardwood,Linoleum
Total Stories 4
Total Units 1
SQFT Gross 14580
Lock Box Type Combo
Street Suffix Street

Exterior Features

Lot Size Source Assessor
Parking Features Alley Access,Concrete,On Street
Lot Size Less Than .5 Acre (not Zero)
Foundation Other
Lot Size Area 0.1140
Lot Size Units Acres
Building Area Total 14580.00
Road Frontage Type City Street,Sidewalk
Lot Size Square Feet 4965.8400
Lot Size Acres 0.1140

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 76384

Price
AVG $530K
$450K
Taxes
AVG $832
$752
Visits
AVG 24
37
Data Provided by Inside Real Estate®
Year Built
AVG 1954
1928

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