700 Melba Ave - Apartments FOR SALE


Gladewater, TX 75647
$250,000 USD
817-204-8142
700 Melba Ave, Gladewater, TX for Sale
$250,000 USD
Apartments - FOR SALE
1/48
null | Request Cap Rate

700 Melba Ave
Gladewater, TX 75647


HIGHLIGHTS

  • Great redevelopment opportunity.
  • Historic property.
  • Buyer can receive historic tax credit.
  • Can be converted to Office/Mixed Use/Specialty

OVERVIEW

Historic property, redevelopment opportunity. Last used as a public school in 2019. Can be redeveloped as mixed-use, apartment, hotel, office, restaurant etc. High ceilings throughout, 15 FT. Includes 750 seat auditorium where Elvis Presley and Roy Rogers performed. Copper and wire have been removed from the building.

FOR SALE DETAILS

PRICE

$250,000 USD

PRICE/SF

$1 USD /SF

# OF UNITS

250

PRICE/UNIT

$1,000

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Proposed

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2027

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.87 AC

LAND SF

255,697 SF

ZONING

F1

APN/PARCEL ID

72436,72442

ASK ABOUT THIS PROPERTY

Tesina PainterStrata CommercialMore Info
817-204-8142

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Tesina PainterStrata CommercialMore Info
817-204-8142

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