409 B S Georgia St - Warehouse FOR SALE


Amarillo, TX 79106
$100,000 USD
806-373-3111
409 B S Georgia St, Amarillo, TX for Sale
$100,000 USD
Warehouse - FOR SALE
1/2
null | Request Cap Rate

409 B S Georgia St
Amarillo, TX 79106


HIGHLIGHTS

  • Eight (8) 10x10 overhead doors in total
  • Two entrance doors on each end
  • The building is partitioned into two sections:
  • One section with 3 overhead doors and a separate entrance
  • One section with 5 overhead doors and a separate entrance
  • Restrooms in each unit

OVERVIEW

Located at the intersection of 5th Avenue and South Georgia Street with 3,360 SF. Priced at $100,000, this light commercial property features durable cinderblock construction, a good roof, and fresh exterior paint. The building is thoughtfully divided into two independent sections, offering flexibility for multiple occupants or business operations. One section features three 10' x 10' overhead doors with its own dedicated entrance, while the second section includes five 10' x 10' overhead doors and a separate entrance, for a total of eight overhead doors. With entrance doors located on each end of the building, the property provides convenient access and efficient workflow for warehouse, automotive, contractor, storage, or service-related businesses. The property also offers immediate income potential, as one tenant currently occupies the three-door section on a month-to-month lease at $450 per month, allowing a new owner the flexibility to continue leasing the space or occupy it as needed. Annual property taxes are approximately $2,012.39, and the Light Commercial zoning supports a variety of commercial uses.

FOR SALE DETAILS

PRICE

$100,000 USD

PRICE/SF

$28 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

8

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.2

LAND SF

8,914

ZONING

LC

APN/PARCEL ID

R-056-0100-6648-0

ASK ABOUT THIS PROPERTY

Cathy DerrGaut Whittenburg Emerson CREMore Info
806-373-3111

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Cathy DerrGaut Whittenburg Emerson CREMore Info
806-373-3111

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