1205 Lorenzo St - Office/Residential FOR SALE


Castroville, TX 78009
$600,000 USD
830-931-0900
1205 Lorenzo St, Castroville, TX for Sale
$600,000 USD
Office/Residential - FOR SALE
1/22
null | 6.61% Cap Rate

1205 Lorenzo St
Castroville, TX 78009


HIGHLIGHTS

  • Prime Location
  • Investor Opportunity

OVERVIEW

Prime Commercial Property in Castroville, TX. Discover an exceptional investment opportunity with this renovated commercial building located just a stone's throw away from downtown Castroville, TX. This property, refreshed in 2023, offers both immediate cash flow and long-term potential, making it an attractive asset in a thriving area. Key Features Renovated in 2023: Enjoy the benefits of modernized facilities and updated infrastructure that enhance the building's appeal and functionality. Onsite Parking: Convenient parking availability for tenants and visitors, a rare find in this bustling area. Current Lease: The building is already leased, providing a steady stream of income from day one. Flexible Future: Whether you choose to redevelop the property after the current lease term or maintain it as a profitable leased space, the options are in your hands. Being close to downtown Castroville, this property is situated in a vibrant, growing community that boasts a rich cultural heritage and a strong local economy. Its strategic location ensures easy access to a variety of amenities, including shops, dining, and entertainment, making it an attractive option for tenants and businesses alike. This property is more than just a building; it's a gateway to an investment future. With its immediate cash flow capabilities and potential for redevelopment, it offers diverse opportunities for investors who recognize the value of a prime location paired with a modern facility. Don't miss out on this opportunity to own a versatile and profitable commercial property in Castroville. For more information or to schedule a viewing.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$595 USD /SF

CAP RATE

6.61%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

-

APN/PARCEL ID

13549

ASK ABOUT THIS PROPERTY

Harold 'Butch' GalmGalm Real Estate, LLCMore Info
830-931-0900

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Harold 'Butch' GalmGalm Real Estate, LLCMore Info
830-931-0900

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