Chuck Green & Associates
Listed by Chuck Green & Associates
$2,500,000
404 W Main St
Details
Property Type Retail, Industrial
Sub Type Religious/Church, Sports/Entertainment
Square Footage 37,529
Tenancy Multi
Acreage 2.090
Zoning Commercial Building (Retail, Industrial or office)
Parking Spaces 85 spaces
Parking per 1,000 SqFt 2.26
Ceiling Height 20’
Retail | 37,529 SqFt
Marketing description
For Sale
Investment highlights
- Restaurant
- Fully sprinklered
- 100 % HVAC (except fitness center)
- Azle event center
- Azle office chamber of commerce
- Across the street from the new city hall and police department
- Appraised for $3.1M
- Estimated replacement cost minimum $4.5M
- History of Property - First Owner - produced Product Sample Books
- Second Owner Converted the property into a Church with a small restaurant for church members
- Third Owner - Another church, converted part of the building into a Community Center
- Forth Owner - Kept the Church and the Community Center as Tenants and added Retail Tenants and some interior office spaces.
- This is approximately a 36,279 SF building with multiple tenants. Prime location with excellent value added investment opportunity
- This property appraised at 3.1 Million Dollars in 2023 with a replacement cost, minimum of $3.9 Million, real cost 6.5 Million.
- This property is taxed in both Tarrant County in Parker County. There is a mix of school and property taxes split between the two counties.
Listing Contacts
Chuck Green & Associates
Listed by Chuck Green & Associates
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