Address
311 W Franklin Street, Alvord, TX
Price
$ 499,000
Property Attributes
  • MLS#20482276
  • TypeCommercial
  • CountyWISE
  • CityAlvord
  • NeighborhoodOriginal Alvord
  • Zip76225
  • StyleBusiness
  • Year Built1941
  • Taxes$ 3138
  • Price$ 499,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.321 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Welcome to this versatile commercial building with a rich history. Located in Alvord, TX., this property offers an incredible opportunity for entrepreneurs and business owners seeking a great location for their venture. Formerly a successful hair salon, the layout of the space is adaptable for various business types. It is situated in a high-traffic area, ensuring maximum visibility and foot traffic. Whether it's a salon, boutique, or office space, this property is ready to accommodate your vision. The apartments feature A cozy 2 bed, 1 bath unit with a contemporary kitchen, spacious living area, and well-appointed bedrooms, and the larger 3 bed 2 bath unit has an updated kitchen. Currently, both units are leased out, generating a steady stream of income, and an excellent opportunity to build equity and wealth.

Price History
11/30/2023 Listed $499,000

General Features

Heating Central,Electric
Cooling Central Air,Electric,Multi Units
Utilities All Weather Road,City Sewer,City Water
Ceiling Height Less than 8 Ft,8 to10 Feet
Possession Closing/Funding
Roof Composition
Year Built 1941
Tenant Pays All Utilities
Business Type Other
Unexempt Taxes 3138
Building Use Other
Average Monthly Lease 3150
Will Subdivide Yes
Gross Annual Expenses 0.00
Property SubType Business
Subdivision Name Original Alvord
Zoning Description Commercial & Residential
Occupant Type Tenant
County Wise
Property Type Commercial Sale
Construction Materials Siding
Year Built Details Preowned
Number Of Leaseable Spaces 3
Number Of Spaces Leased 2
Status Active
Directions MAPS Friendly
City Alvord
Buyer Agent Compensation 3
Street Name Franklin
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20482276
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Flooring Ceramic Tile
Total Stories 2
Total Units 3
SQFT Gross 1280
Lock Box Type Combo
Street Suffix Street

Exterior Features

Lot Size Source Assessor
Parking Features Open,Parking Pad,Unpaved
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Lot Size Area 0.3210
Lot Size Units Acres
Building Area Total 3712.00
Road Frontage Type City Street
Lot Size Square Feet 13982.7600
Lot Size Acres 0.3210

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 76225

Price
AVG $850K
$500K
Taxes
AVG $2,397
$3,138
Visits
AVG 41
54
Data Provided by Inside Real Estate®
Year Built
AVG 1969
1941

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