303 W Harris Ave - Medical FOR SALE


San Angelo, TX 76903
$985,000 USD
325-374-1105
303 W Harris Ave, San Angelo, TX for Sale
$985,000 USD
Medical - FOR SALE
1/40
null | 10.59% Cap Rate

303 W Harris Ave
San Angelo, TX 76903


HIGHLIGHTS

  • Downtown San Angelo Location
  • High Traffic and Visibility
  • Onsite Management in place

OVERVIEW

Prime Office Condo Investment – 100% Occupied | Downtown San Angelo Presenting the opportunity to acquire two fully leased office condos in downtown San Angelo, offering immediate and stable cash flow with a strong cap rate. Ideal for investors seeking passive income in a well-maintained, high-demand location. Unit 1 comprises 2,056 SF (21.55% ownership) and is occupied by a single tenant. The layout includes three private offices, a spacious open work area, waiting room, reception, and break room. Recent upgrades include new flooring, fresh paint, and a new HVAC system in 2024. Unit 3 encompasses 4,755 SF (49.85% ownership) and is designed to serve executive suites or co-working tenants, featuring 13 private offices, a large conference room, reception area, break room, restrooms, secure file room, and a generous waiting area. This flexible floor plan caters to a range of professional tenants and supports long-term occupancy. Currently occupied by 4 Tenants. The property also includes access to a shared atrium-style common area with well-maintained restrooms, and benefits from onsite professional management, further enhancing the ease of ownership. This turn-key investment is ideal for investors looking to acquire a stabilized asset with attractive returns in a strategic downtown location.

FOR SALE DETAILS

PRICE

$985,000 USD

PRICE/SF

$88 USD /SF

CAP RATE

10.59%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,750 SF

ZONING

CBD

APN/PARCEL ID

40-76698-0000-003-00

ASK ABOUT THIS PROPERTY

Brandon SandersSteve Eustis Co. RealtorsMore Info
325-374-1105

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Brandon SandersSteve Eustis Co. RealtorsMore Info
325-374-1105

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