1031 US Highway 181 - Bank FOR SALE


Portland, TX 78374- North Bay
$1,489,999 USD
1031 US Highway 181, Portland, TX for Sale
$1,489,999 USD
Bank - FOR SALE
1/32
null | Request Cap Rate

1031 US Highway 181
Portland, TX 78374
North Bay


OVERVIEW

Prime opportunity to own or lease a high-visibility former Wells Fargo freestanding bank building strategically located along heavily traveled US Highway 181 in Portland, Texas, offering approximately 1.09 acres with about 186 feet of frontage and expansive paved parking fields in both the front and rear of the property . This solid concrete, two-story structure features roll-down storm shutters for added hurricane protection and a functional, flexible layout ideal for financial, professional, or general office/retail users, with a dramatic grand lobby entry showcasing soaring ceilings and floor-to-ceiling glass, plus an existing teller line and secure vault area that could be repurposed for storage or specialty uses . The first floor includes roughly five to six private offices, a large open lobby/work area, storage room, one restroom, and a covered drive-through component with three drive-through lanes and one dedicated ATM lane, providing excellent on-site circulation and customer convenience . The second floor offers two conference rooms, approximately four additional offices, a mechanical room, dedicated network/server room, break area, two restrooms, and multiple storage areas, creating an efficient blend of private and collaborative space that supports a variety of office or call-center style operations . Positioned between established retail and service users along the corridor and benefiting from strong traffic counts of more than 40,000 vehicles per day on US 181, this property delivers exceptional exposure, signage potential, ample parking, and a ready-made bank/office configuration that can be adapted to a wide range of commercial tenants or an owner-occupant seeking a prominent Highway 181 presence.

FOR SALE DETAILS

PRICE

$1,489,999 USD

PRICE/SF

$231 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

1.09 AC

LAND SF

47,480 SF

ZONING

F1 - Rp

APN/PARCEL ID

1396-0400-0001-000

ASK ABOUT THIS PROPERTY

James MirabalMirabal Montalvo & AssociatesMore Info

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James MirabalMirabal Montalvo & AssociatesMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.