406 N Carrier Pkwy, Grand Prairie
Mixed Use
Marketing description
406 N Carrier Pkwy is a mixed-Use retail property with a retail store on the ground floor. Currently the ground floor retail space is a liquor store and with a legal 2-bedroom apartment above the store. A user can live in the apartment and walk downstairs to operate the store. Or just rent the apartment and collect the rent. Plenty of parking on this corner lot of +/-16,117 SF for 406 N Carrier Pkwy.
An added bonus, there is a second lot that is included in the sale located at 909 Bonham Street. The lot size is +/-9,607 SF where you can add another commercial building or multifamily home. Total combined lots are +/-25,787 SF. The liquor store can be included in the sale or the Seller can close down the liquor store and sell the retail property and second lot together. Seller will not separate the lots. Plenty of potential for continuing the liquor store or place another business. The limits are endless.
Investment highlights
Mixed-Use Retail Property
+/-6,100 SF building ideally to be used as a convenient store or restaurant
Sale can come with or without the Liquor Store
Combined Lot Size: +/-25,787 SF
Second Floor Apartment with 2 bedrooms and 2 bathroom Apartment
Private Parking Lot
Extra Lot to build a commercial or multifamily building
High Traffic Counts along N Carrier Pkwy
Zoned GR
For an Investor, Proforma NOI of $110,000 is possible.
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