104 E College St - Retail FOR SALE


Stephenville, TX 76401
$599,000 USD
254-592-6877
104 E College St, Stephenville, TX for Sale
$599,000 USD
Retail - FOR SALE
1/40
null | Request Cap Rate

104 E College St
Stephenville, TX 76401


HIGHLIGHTS

  • Downtown Stephenville’s best corner
  • 2 levels plus the old county-jail basement

OVERVIEW

Downtown Stephenville’s best corner! This is the Historic Gentry & Shelton Building built in 1873, the oldest surviving building on the square. The area is booming with new development and this one sits miles ahead because it’s truly build-ready. Full sealed architectural including MEPS's are complete. The entire design is already approved by the THC making it eligible for 45% in combined tax credits. That review work is costly and time-consuming and it’s already done. Literally next door the adjoining building is currently being updated to become retail space and next to it a boutique hotel being built! The building has 2 levels plus the old county-jail basement. Zoning is B4 private club, can shift to DT. Inventory on the square is tight and nothing else comes with this level of prep. A rare shot at a project with major value unlocked.

FOR SALE DETAILS

PRICE

$599,000 USD

PRICE/SF

$203 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Historic Gentry & Shelton Building

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Bar, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1873

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

B4

APN/PARCEL ID

R000029156

ASK ABOUT THIS PROPERTY

Sam ByrdByrd Realty Group - Keller Williams Brazos WestMore Info
254-592-6877

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

Sam ByrdByrd Realty Group - Keller Williams Brazos WestMore Info
254-592-6877

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