Tarit Chaudhuri - Commercial Real Estate Showcase

Tarit Chaudhuri Property Listings
KW Commercial Texas Gulf
950 Corbindale Rd
Suite 100A
Houston, TX 77024
(281) 870-8581
(713) 467-6226

204 - 208 N Meyer Street

Sealy, TX 77474-1826 - Austin County Ret Submarket

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:1972
Building Size:4,940 SF Land Area:.37 AC (16,117 SF)
For Sale Price:$785,000 Price/SF:$158.91
Cap Rate:-
4,940 SF is available to occupy upon purchase.

Sale Notes:
New lower price of $785,000.00 plus inventory at Cap Rate of 24.47%. Property includes two businesses, a Liquor Store (about 3,000 SF) and a Laundromat (about 1,940 SF). Seller is willing to sell only two businesses for $450,000.00 plus inventory. Liquor Store has a Drive through Facility, very convenient for Buyers. Both the Businesses running in the same location for more than 25 Years. Liquor business is almost like a monopoly in Sealy. There is one other, but insignificant competition. Present Owner has done substantial renovation to the property. Seller may consider selling the businesses only for $450,000.00 plus liquor store inventory (approximately $150,000.00).

Go West on I-10 and take Exit # 720, State Highway 36 towards Sealy/Bellville. Turn left onto Meyer St/TX-36. Property is within 5,000 FT, at NW corner of Columbus Rd. & Meyer Rd./TX-36. Location is surrounded by neighborhoods and some commercials. According to Seller people are very friendly and safe.

KW Commercial Texas Gulf
Tarit Chaudhuri
(281) 870-8581

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