Listed by Jirasek Realty
$629,000
415 N MAIN ST BELTON TX 76513-3164
Details
APN 47471
Property Type Retail, Office
Sub Type Storefront, Traditional Office
Square Footage 5,615
Units 3
NOI $23,953
Tenancy Multi
Rent Bumps Yes
Lease Options None
Year Built 1972
Year Renovated 2020
Buildings 1
Stories 1
Acreage 0.400
Zoning Main Street
Ground Lease No
Office/Retail Investment Property
Marketing description
Overview: Mixed-Use Investment Property - Available For Sale
Property Type/Sub-Type: Retail / Office / Residential
Description: 5,615 Sq.Ft. Mixed-Use Building in the Main Street District of Belton.
Location: Located on North Main Street / TX Hwy-317, just off of IH-14 & IH-35, just North of Downtown Belton’s CBD, Bell County.
Region/MSA: Central Texas / Killeen-Temple MSA.
Lease Summary: 415 N Main (Retail/Smoke Shop) = $3,200/mo.; 344 North East (Residential) = 1,350/mo.; 104 E 4th (Storage) = $150/mo.
Investment Type: Stabilized
Class: C
Tenancy: Multi
Square Footage: ±5,615 (Bell CAD)
Occupancy: 100%
Year Built: 1972 (Bell CAD)
Lot Size: ±0.4 Acres (CAD)
Zoning: Main Street
Income: $23,953.43 (Net Income)
Price: $629,000 ($112.02/SF)
Listing Contacts
Listed by Jirasek Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$23,953.43
$1,996.12/mo
Valuation Metrics
0
DSCR
3.81%
Cap Rate
3.81%
ROI
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