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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
22251220
29227744

120 S Charlton St, Woodville, TX 75979 For Sale

MARTINDALE REAL ESTATE.
Listed by MARTINDALE REAL ESTATE.
$199,000
493 days on market
Updated 131 days ago
Opportunity zone

LBW Ranches LLC Professional Building

Details
APN r023766
Property Type Mixed Use, Office
Sub Type Creative Office, Executive Office (+1)
Square Footage 4,350
Units 13
Cap Rate 7.81%
NOI $15,550
Occupancy 25%
Tenancy Multi
Lease Term 2
Lease Expiration 03/01/2027
Remaining Term 0.6
Lease Options auto renews with a 3% increase at renewal
Price per SqFt $46
Broker Co-Op Yes
Year Built 1961
Year Renovated 2006
Buildings 1
Stories 1
Acreage 0.096
Zoning n/a
Lease Commencement 03/01/2025
Occupancy Date 03/01/2020
Ownership 100%

Mixed Use | 7.81% CAP | 4,350 SqFt

Marketing description

Unlock the potential of this impressive commercial building in the heart of Woodville, TX. Boasting 13 spacious offices, this property is not just a space it's a lucrative investment! Several offices already are leased long-term, you’ll benefit from immediate cash flow while having ample opportunity to maximize the remaining units. The communal kitchen and break room area provide a welcoming space. This prime location in the picturesque Tyler County Court House Square offers not only a charming atmosphere but also high foot traffic and visibility for your tenants. Whether you’re an investor seeking a steady income or a business owner looking for a dynamic workspace, this property is a golden opportunity. Don’t miss your chance to own a piece of Woodville’s vibrant history while making a smart financial move. Schedule a tour today and envision the possibilities! All measurements are approximate and must be independently verified. Survey may be required. Strategically designed for both functionality and comfort, the building features ADA-approved men’s and women’s restrooms, ensuring accessibility for all. Parking is a breeze with public spaces available at both the front and back of the building, complete with convenient entrance and exit access.If you or your client is interested in leasing one of the vacant offices please reach out to the listing agent and find price for each unit attached in docs.

Investment highlights

13 office in the building. lobby and 3 offices are currently leased for the next 2 years for $1280/month and pay 50% on all utilities for the entire building at the end of each year and have been here with us since 2020. kitchen/break room for all tenants to use, and ADA bathrooms for all tenants and their guest to use.

Listing Contacts

MARTINDALE REAL ESTATE.
Listed by MARTINDALE REAL ESTATE.

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$15,550.00
$1,295.83/mo

Valuation Metrics

0
DSCR
7.81%
Cap Rate
7.81%
ROI

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Additional Information

Name
Ashley Kaye Jackson-Whitworth
License
613110
Brokerage
Martindale Real Estate Investments
Brokerage Phone
409-429-4011
Title
Real Estate Broker
Brokerage Address
321 South Magnolia Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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