117 San Augustine St - Office FOR SALE


Center, TX 75935
$1,200,000 USD
936-202-3244
117 San Augustine St, Center, TX for Sale
$1,200,000 USD
Office - FOR SALE
1/21
null | 7.5% Cap Rate

117 San Augustine St
Center, TX 75935


HIGHLIGHTS

  • 117 San Augustine Street is a historical office building nestled in the Downtown Center Historic Square with upside to increase potential returns.
  • Immediate income-generating potential with a new tenant lease commencing January 2026 and an extra 2,500 square feet of additional lease-up upside.
  • Easily accessible location positioned directly off Highway 87, and half a mile from TX 7 and Highway 96, providing efficient regional connectivity.
  • Conveniences lie a mile away, such as Walmart Supercenter, Subway, CVS, McDonald’s, local cafes, numerous hotels, medical centers, and public schools.

OVERVIEW

Introducing a prime investment opportunity at 117 San Augustine Street. This 6,930-square-foot, two-unit office building, built in 1970 and tastefully renovated in 2021, offers a compelling blend of historical charm and modern functionality. Zoned PD and ideally located in the vibrant Downtown Center Historic Square, 117 San Augustine Street offers a compelling blend of accessibility, visibility, and long-term downtown appeal. 117 San Augustine Street presents immediate income-generating potential, with a tenant recently signing a five-year lease on January 1, 2026. Owners or investors can benefit from the additional 2,500 square feet upstairs, best suited for a call center or general office space. 117 San Augustine Street is strategically located just off significant East Texas arterial routes, Highways 87 and 96. Enjoy proximity to nationally and locally top-rated retailers, either within walking distance or a short 1-mile drive away. With its versatile layout and strategic location, 117 San Augustine Street offers a clear avenue to capitalize on the thriving demand for office space. Don’t miss out on the chance to add this high-potential asset to your portfolio.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$173 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

PD

APN/PARCEL ID

R20001

ASK ABOUT THIS PROPERTY

Ron BrownTexas Commercial Realty Group, LLCMore Info
936-202-3244

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Ron BrownTexas Commercial Realty Group, LLCMore Info
936-202-3244

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