2512 Erwin city - Light Distribution FOR SALE


Tyler, TX 75702
$325,000 USD
903-714-0878
2512 Erwin city, Tyler, TX for Sale
$325,000 USD
Light Distribution - FOR SALE
1/3
null | Request Cap Rate

2512 Erwin city
Tyler, TX 75702


HIGHLIGHTS

  • Prime Location
  • Versatile Property with Endless Opportunities!
  • Surrounded by bustling new developments

OVERVIEW

Opportunity for Investors! Seller is Motivated and price is negotiable. Located on 1.67 acres in the rapidly evolving East Side of Tyler, this property presents an unparalleled opportunity for business owners or investors looking to capitalize on growth in the area. With 440 feet of road frontage and convenient access to the nearby East Loop 323, a hotspot for development, this location is primed for success. For over 50 years, this iconic restaurant served as a community landmark, renowned for its authentic Mexican cuisine and cherished by locals. The cinder block building, complete with terrazzo-finished floors, embodies the charm and character of its rich history, offering a rare chance to restore and revitalize a piece of Tyler’s heritage. While the building requires repairs, cleaning, and restoration, its potential is undeniable. Surrounded nearby bustling new developments, including fast-food chains, shopping centers, and other modern amenities along East Loop 323, this area is experiencing a surge of economic activity. Whether you’re dreaming of breathing new life into the original restaurant concept or launching an entirely fresh business venture, this property offers a strategic location with endless possibilities. The price is negotiable, making this an exceptional investment opportunity to secure your place in Tyler’s thriving future.

FOR SALE DETAILS

PRICE

$325,000 USD

PRICE/SF

$60 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

2512 E Erwin Street Tyler Texas Off Loop 323

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

Restaurant, Distribution, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.6

LAND SF

69,696

ZONING

F1

APN/PARCEL ID

1-50000-0917-00-003000

ASK ABOUT THIS PROPERTY

Roshelle PorterRE/MAX TylerMore Info
903-714-0878

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Roshelle PorterRE/MAX TylerMore Info
903-714-0878

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