189 Elm St - Medical FOR SALE


Lewisville, TX 75057- Lewisville/Flower Mound
$705,000 USD
817-909-7875
189 Elm St, Lewisville, TX for Sale
$705,000 USD
Medical - FOR SALE
1/18
null | Request Cap Rate


HIGHLIGHTS

  • ±2,319 SF Commercial Office Building
  • Owner/User or Investment
  • Opportunity to purchase the ±3,274 SF adjacent building as a part of a portfolio
  • Renovated with new Class IV roof, exterior paint and landscaping
  • One block off of Main Street in historical downtown Lewisville, with in walking distance to multiple dining and retail options
  • Located at the corner of Elm St. and S. Charles, near revitalized downtown living

OVERVIEW

Owner/User or Investment opportunity to purchase a 2,319 SF office building that provides flexible space suitable for a wide range of commercial uses. Recent upgrades include a new Class IV roof, fresh exterior paint, and revitalized landscaping, enhancing both curb appeal and long-term durability. Ideally positioned at the corner of Elm Street and S. Charles, the property sits just one block off Main Street with exceptional walkability to downtown dining, retail, and the rapidly revitalizing residential district. Adding to its uniqueness in Old Town, the site includes private on-site parking, a valuable and increasingly limited amenity in the area. Combining character, modern improvements, and a premier location, this property stands out as a compelling option for businesses seeking a signature location or investors looking for a high-demand commercial asset. ***Opportunity to purchase the ±3,274 SF adjacent building as a part of a portfolio.

FOR SALE DETAILS

PRICE

$705,000 USD

PRICE/SF

$304 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Building 2

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

F1

APN/PARCEL ID

R155085

ASK ABOUT THIS PROPERTY

Jim KelleyChampions DFW Commercial RealtyMore Info
817-909-7875

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Jim KelleyChampions DFW Commercial RealtyMore Info
817-909-7875

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