404 W Main Street Downtown Azle Commercial Property Offered at $63.95 per square foot 404 W Main Street offers approximately 37,529 square feet of gross building area, including 5,143 square feet of mezzanine office and storage space, in the heart of downtown Azle. An additional approximately 500 square feet of outdoor storage is not included in the gross building area. Home to the Chamber of Commerce and a venue for community events, the property combines a central location with space suited to a range of commercial uses. Property Highlights Building area: Approximately 37,529 SF, including 5,143 SF of mezzanine offices and storage. Additional storage: Approximately 500 SF of outdoor storage. Appraised value: $3.1 million. Insured value: $3.9 million. Estimated replacement cost: $6.5 million, based on the owner’s estimate of current construction costs. Fire protection: ESFR sprinkler system, reported to be in excellent condition and inspected by the Fire Marshal each January. Potential uses: Industrial, manufacturing, retail, office, and storage, subject to confirmation of applicable zoning requirements. Multifamily conversion may also be worth exploring, subject to City review and any required approvals. Building Condition and Inspections Completed inspections and evaluations include the roof, structural integrity, electrical systems, HVAC rooftop units, and plumbing. According to the available reports, the evaluated systems are in good condition. Inspection reports are available for buyer review. Environmental Assessments A previous buyer commissioned Phase I and Phase II Environmental Site Assessments. According to the reported findings, negligible, but over the minimum EPA threshold, under groundwater impacts were identified at the edge of the property and attributed to a neighboring dry-cleaning operation dating back approximately 50-years ago. The owner subsequently applied to the Texas Commission on Environmental Quality and received an Innocent Owner Certificate. Prospective buyers should review the complete Phase I and Phase II reports and the TCEQ certificate for the findings, scope, and applicable conditions. Complete reports are in the data room. Utilities Electricity: Service through Rhythm Electric, with two 240V three-phase legs and three meters. Water: City of Azle. Natural gas: Available but not currently connected. Property Taxes The property lies in both Tarrant and Parker counties, with the majority of property taxes assessed through Parker County. Current tax statements are available for review. Downtown Location and Regional Access Located in downtown Azle, the property offers access to local businesses, community activities, and the broader Fort Worth market. Azle is approximately 16 miles northwest of Fort Worth, with regional connections to the DFW Metroplex. Regional destinations include: Airports: Dallas Fort Worth International Airport, Alliance Airport, and Fort Worth Meacham International Airport. Higher education: Texas Christian University, Texas Wesleyan University, and Tarrant County College. Healthcare: Texas Health Harris Methodist facilities, JPS Health Network, and Baylor Scott & White facilities. Why Azle Azle offers small-town character with access to the business, employment, and transportation resources of the Fort Worth area. Its downtown businesses, community organizations, and proximity to Eagle Mountain Lake contribute to its appeal as a place to work and live. For businesses considering relocation or expansion, local economic development and Chamber of Commerce resources can help identify available programs, explain development requirements, and connect owners with the community. Request More Information Contact Chuck Green 214 796-3799