790 Neches - Restaurant FOR SALE


Beaumont, TX 77701- Downtown Beaumont
$925,000 USD
409-782-1925
790 Neches, Beaumont, TX for Sale
$925,000 USD
Restaurant - FOR SALE
1/12
null | Request Cap Rate

NEW


790 Neches
Beaumont, TX 77701
Downtown Beaumont


HIGHLIGHTS

  • +/- 6,426 SF MULTI-TENANT INCOME-PRODUCING STRIP CENTER
  • BUILDING SITS ON A +/-0.49 ACRE SITE
  • ADDITIONAL +/-0.15 AC TRACT OF LAND ADJACENT TO CENTER INCLUDED
  • ALSO INCLUDES +/-0.89 ACRES OF THE PAVED PARKING LOT DIRECTLY ACROSS ST FROM CENTER
  • LOCATED IN DOWNTOWN BEAUMONT - ZONED CBD - CENTRAL BUSINESS DISTRICT
  • PLENTY OF ROOM TO EXPAND ONTO A PORTION OF THE ADDITIONAL LAND ACROSS FROM CENTER

OVERVIEW

WELCOME TO THE NECHES PLAZA LOCATED IN DOWNTOWN BEAUMONT. THIS COMMERCIAL PROPERTY CONSISTS OF A 2008 BUILT +/-6,426 SF MULTI-SUITE STRIP CENTER WHICH SITS ON A +/-0.49 ACRTRACT OF LAND & INCLUDES AN ADDITIONAL +/-0.15 AC TRACT OF LAND ADJACENT THAT SPANS THE ENTIRE BLOCK ALONG NECHES ST. BETWEEN WALL ST. & FORSYTHE ST & ALSO IMMEDIATELY ADJACENT TO & SPANNING THE ENTIRE EASTERN BOUNDARY OF THE CATHEDRAL SQUARE CONDOMINIUMS; ALSO INCLUDED IS +/- 0.89 ACRES OF THE ASPHALT PARKING LOT DIRECTLY ACROSS NECHES ST FROM THE BLDG WHICH CAN BE USED FOR PARKING FOR THE NECHES PLAZA IN ADDITION TO STREET PARKING; THIS PAVED PARKING AREA IS MORE THAN LARGE ENOUGH IN SIZE FOR THE POTENTIAL TO FURTHER DEVELOP AND IMPROVE A PORTION IT FOR FUTURE NEEDS/INVESTMENT POTENTIAL; THE BUILDING CONSISTS OF THREE SUITES: SUITE A (2,808 SF): CURRENTLY VACANT AND FORMERLY THE NEW YORK PIZZA PASTA RESTAURANT THAT IS READY TO PLUG AND GO WITH ALL FFE INCLUDED FROM THE RESTAURANT STILL IN PLACE; SUITE B (1,625 SF): LAS CAZUELAS MEXICAN RESTAURANT & SUITE C (1,875 SF): GREEK GYRO RESTAURANT; BOTH TENANTS IN SUITES B AND C ARE CURRENTLY UNDER 3 YEAR NNN LEASE TERMS; PROPERTY IS ZONED CBD - CENTRAL BUSINESS DISTRICT (PLEASE VERIFY WITH CITY OF BEAUMONT) LEASES AND INCOME DATA UPON REQUEST.

FOR SALE DETAILS

PRICE

$925,000 USD

PRICE/SF

$147 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Neches Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.54 AC

LAND SF

110,642 SF

ZONING

CBD

APN/PARCEL ID

003200-000-020000-00000,003200-000-020150-00000,003200-000-020600-00000,003200-000-022800-00000,003200-000-023500-00000

ASK ABOUT THIS PROPERTY

Kerry MonclaRE/MAX ONEMore Info
409-782-1925

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Kerry MonclaRE/MAX ONEMore Info
409-782-1925

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