Price Reduction
Address
166 S Belknap Street # B, Stephenville, TX
Price
$ 574,900
Property Attributes
- MLS#20586501
- TypeCommercial
- CountyERATH
- CityStephenville
- NeighborhoodCity Stephenville
- Zip76401
- StyleBusiness
- Year Built2005
- Taxes$ 3162
- Price$ 574,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size2,570 SqFt
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Discover a remarkable opportunity to invest in a fully-leased commercial property situated directly across from the courthouse in Stephenville, TX. This 2,550 square foot building is currently occupied by a high-end MedSpa, with a secure lease in place for the next 30 months. The property has undergone a complete remodel, featuring designer and LED lighting, beautiful flooring, and a practical layout that includes three private offices, a storage area, and an expansive open space. Its prime location and top-notch facilities make it an attractive asset for investors looking for a stable income stream in a bustling area. This is a not-to-be-missed chance to own a premium commercial space in a highly desirable Division One College Town.
| Price History | |
|---|---|
| 4/12/2024 | Listed $599,000 |
| 5/10/2024 | 5% - $574,900 |
General Features
| Heating | Central,Electric |
|---|---|
| Cooling | Central Air,Electric |
| Utilities | All Weather Road,City Sewer,City Water,Concrete,Curbs,Electricity Connected,Individual Water Meter,Phone Available,Sidewalk |
| Ceiling Height | 8 to10 Feet,11 to 14 Feet |
| Possession | Subject to Lease |
| Roof | Flat |
| Year Built | 2005 |
| Tenant Pays | All Utilities |
| Business Type | Medical |
| Unexempt Taxes | 3162 |
| Building Use | Medical,Office,Retail |
| Will Subdivide | No |
| Gross Annual Expenses | 11333.00 |
| Unit Number | B |
| Property SubType | Business |
| Subdivision Name | City Stephenville |
| Zoning Description | Commercial |
| Occupant Type | Tenant |
| County | Erath |
| Property Type | Commercial Sale |
| Security Features | Fire Alarm,Firewall(s) |
| Construction Materials | Brick,Rock/Stone |
| Year Built Details | Preowned |
| Status | Active |
| Directions | From US 377 South,take a slight right onto US 377 BUS in Stephenville. Turn left onto S Belknap St. Building will be on the right,located on the Stephenville Square. |
| City | Stephenville |
| Buyer Agent Compensation | 2.5 |
| Street Name | Belknap |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20586501 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Flooring | Carpet,Tile |
|---|---|
| Total Stories | 1 |
| Total Units | 1 |
| SQFT Gross | 2550 |
| Lock Box Type | Combo |
| Street Suffix | Street |
Exterior Features
| Lot Size Source | Assessor |
|---|---|
| Parking Features | Alley Access,Asphalt,Assigned,Carport,Concrete,Covered,Private |
| Lot Size | Less Than .5 Acre (not Zero) |
| Foundation | Slab |
| Lot Size Area | 0.0590 |
| Lot Size Units | Acres |
| Building Area Total | 2550.00 |
| Lot Size Square Feet | 2570.0400 |
| Lot Size Acres | 0.0590 |
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 76401
Price
Taxes
Visits
Year Built
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