Address
405 W Kentucky Street, Chico, TX
Price
$ 425,000
Property Attributes
  • MLS#20468689
  • TypeCommercial
  • CountyWISE
  • CityChico
  • NeighborhoodRock Island & Razor Add
  • Zip76431
  • StyleBusiness
  • Year Built2018
  • Taxes$ 6949
  • Price$ 425,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.65 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Investment property located in Chico, Texas. Perfect for weddings, rehearsal dinners, family reunions or quinceaneras. The building is versatile and could be used as a day care center, a private school, a manufacturing facility, a medical facility and many other uses. Multiple offices surround the huge open area or sanctuary, including an area set up for an owner or manager apartment. The apartment is ideal for an owner who needs to be onsite before during and after events if property is used as a venue. The large kitchen would be perfect for catering events within the building or to use for outside catering or food processing. A retirement facility with common dining and kitchen would work well with minor adaptations and additions of bathrooms. The property has been used as a venue and is now leased to a church on Sunday and Tuesday nights. Tenant will vacate or continue to lease the property with new owner. Buyer to verify use changes with the city of Chico. Call today.

Price History
12/8/2023 Listed $499,900
1/3/2024 3% - $489,900
2/27/2024 9% - $449,900
3/19/2024 6% - $425,000

General Features

Heating Central,Electric,Zoned
Cooling Central Air,Electric,Multi Units,Zoned
Utilities All Weather Road
Ceiling Height 8 to10 Feet,15 to 20 Feet
Possession Negotiable
Roof Metal
Exclusions Chairs and tables for 175 guests can remain with the property with acceptable offer. Stove and SS refrigerator will remain with property.
Year Built 2018
Tenant Pays Other
Topography Level
Business Type Fitness,Industrial,Manufacturing,Recreation,Retail,Storage,Warehouse,Other
Unexempt Taxes 6949
Building Use Church,Food Service,Industrial,Medical,Office,Office/Warehouse,Retail,Schools
Will Subdivide No
Gross Annual Expenses 1.00
Property SubType Business
Subdivision Name Rock Island & Razor Add
Zoning Description City
County Wise
Property Type Commercial Sale
Construction Materials Metal Siding
Year Built Details Preowned
Status Active
Directions GPS to 405 West Kentucky Street in Chico Texas. Located just a few miles from Decatur,Bridgeport and has easy access to the metroplex. Located just minutes from Lake Bridgeport.
City Chico
Buyer Agent Compensation 3
Street Name Kentucky
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20468689
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Flooring Laminate
Total Stories 1
Total Units 1
SQFT Gross 7608
Lock Box Type Combo
Street Suffix Street

Exterior Features

Lot Features Corner Lot
Lot Size Source Assessor
Parking Features Gravel,On Site,On Street,Parking Lot
Lot Size .5 to < 1 Acre
Foundation Slab
Lot Size Area 0.6500
Lot Size Units Acres
Construction Materials Walls Metal
Building Area Total 7608.00
Road Frontage Type City Street
Lot Size Square Feet 28314.0000
Lot Size Acres 0.6500

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 76431

Price
AVG $340K
$430K
Taxes
AVG $6,581
$6,949
Visits
AVG 49
62
Data Provided by Inside Real Estate®
Year Built
AVG 1994
2018

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