Listed by Scarborough Commercial Real Estate
$520,000
700-702 E. Cherokee St.
Details
Property Type Industrial
Sub Type Distribution, Flex
Square Footage 21,140
Tenancy Multi
Lease Type Gross
Buildings 3
Stories 2
Acreage 1.680
Zoning Commercial
Investment Type Value Add
Ground Lease No
Loading Docks 1
700-702 E Cherokee St, Jacksonville, TX 75766
Marketing description
This versatile industrial property offers a unique combination of warehouse, office, and retail functionality. The site is ideal for an owner-user or investor seeking income-producing potential. The two-story metal construction building is configured for multi-tenant use. A portion of the property is currently leased, generating $800/month in income and providing immediate cash flow. The retail and service center area offers an adaptable layout suitable for office, showroom, training, or community use.
Investment highlights
- The property presents a strong value-add opportunity, with upside through:
- Lease-up of vacant space
- Renovation and repositioning
- Increased rental income across multiple tenant types
- Warehouse & Yard (Income-Producing)
- Leased rear warehouse space
- Large warehouse area with dock access
- Private office and restroom
- Fenced yard ideal for storage, equipment, or operations
- List price: $650,000
- Building size: 21,140 SF
- Total acreage: 1.68
- Traffic count: 22,488 vpd (Hwy 69), 2,227 vpd (Cherokee St)
- Frontage: 147 ft
- Zoning: Commercial
- 16 private offices
- Conference room & classroom/training space
- Observation room
- Multiple large open rooms for retail/showroom use
- Dedicated receiving area with loading dock
- Three restrooms
- Washer/dryer connections
Listing Contacts
Listed by Scarborough Commercial Real Estate
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