201 E Elm Street | 201 E Elm St
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201 E Elm Street 201 E Elm St
5,800 SF Retail Building Hillsboro, TX 76645 $537,221 CAD ($93 CAD/SF)
Investment Highlights
- In Downtown Historic Hillsboro
- Large glass display windows
- Large shipping bay door and alley access in the back
- Original 1910's building
- Great parking available
- Roof replaced in 2018
Executive Summary
Historic 1910 commercial building in downtown Hillsboro, TX. This mixed use development opportunity has 5800’ of available space with a multitude of approved uses with Central Business District zoning. Being part of Hillsboro’s “Central Business District”, this allows for many flexible uses including, but not limited to, retail, office, restaurant, condo, etc. Located on one of the busiest streets in town, the building has the opportunity for several income-generating ideas and floor plans. Currently, the building is set up for retail and office space on the main floor with storage capability on the second floor. New roof installed in ‘18. There are incentive programs available through the city for exterior re-development.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,800 SF
Building Class
B
Year Built
1910
Price
$537,221 CAD
Price Per SF
$93 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.96
Lot Size
0.14 AC
Parking
18 Spaces (3.1 Spaces per 1,000 SF Leased)
Frontage
52 ft on East Elm Street
Walk Score ®
Very Walkable (71)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 134051 | Improvements Assessment | $149,139 CAD |
Land Assessment | $25,435 CAD | Total Assessment | $174,574 CAD |
PROPERTY TAXES
Parcel Number
134051
Land Assessment
$25,435 CAD
Improvements Assessment
$149,139 CAD
Total Assessment
$174,574 CAD
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201 E Elm Street | 201 E Elm St
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