200 E Central Ave - Office/Residential FOR SALE


Belton, TX 76513
$975,000 USD
254-947-5577
200 E Central Ave, Belton, TX for Sale
$975,000 USD
Office/Residential - FOR SALE
1/31
null | Request Cap Rate

200 E Central Ave
Belton, TX 76513


OVERVIEW

Located in the heart of Downtown Belton at 213 E Central Avenue, this historic building, formerly a bank, is a cornerstone of the Central Downtown subdistrict. With prominent frontage on East Street and Central Avenue, this property blends historic character with modern functionality, making it a key asset in the downtown area. Property Features: Historical Significance: The building’s history as a former bank lends it unique architectural details that contribute to the authentic charm of Downtown Belton. This historical character, paired with its modern usability, makes the property highly attractive for both commercial and residential purposes. Fully Rented Office and Retail Space: The ground floor is fully occupied with seven offices, all currently rented. These spaces are ideal for small retail shops or professional services, providing stable rental income. The commercial unit facing East Street is also rented, benefiting from excellent visibility and foot traffic in this bustling downtown area. Residential Lofts: The upper floor features three loft apartments, each offering sweeping views of the historic Belton courthouse. These lofts combine historic charm with modern living, making them sought-after residences for those who desire the convenience and vibrancy of downtown living.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$171 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1885

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,006 SF

ZONING

-

APN/PARCEL ID

16304

ASK ABOUT THIS PROPERTY

Jon GlanzmanFirst TexasMore Info
254-947-5577

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Jon GlanzmanFirst TexasMore Info
254-947-5577

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