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312 Premier Rd

3,896 SF Retail Building Longview, TX 75604 $241,598 CAD ($62 CAD/SF) 14.95% Cap Rate

Investment Highlights

  • Plenty of room to convert into suites, studios, or to utilize the open floor layout!
  • Owner financing is also available

Executive Summary

Charming two-story commercial building for sale. Owner financing is also available! Generates $2,200/Month! Come check out this historical building and its features! The first floor has an entryway with double doors that leads to an open area with a private room and two separate restrooms! You may access the second floor through a stairway inside or through an outside separate private entry! Upstairs has two rooms, a third restroom, storage closets, and another large open area! Previously used as a church and most recently a gym, the possibilities are endless! There is plenty of room to convert into suites, studios, or to utilize the open floor layout! Don't miss this opportunity, view today! Currently occupied with tenant. Great investment property.
Listed on MLS
Owner/Agent
Gaby Soliz-Realtor
Real Estate Marketing

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,896 SF
Building Class
C
Year Built/Renovated
1931/1980
Price
$241,598 CAD
Price Per SF
$62 CAD
Cap Rate
14.95%
NOI
$36,119 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.29
Lot Size
0.31 AC
Zoning
LI - Light Industrial (adult daycare, shelter, church, gym, offices, salon, tattoo studios)
Frontage
100 ft on Premier Road

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 2nd Floor
  • 3,896 SF
  • Office
  • -
  • Now
Space Size Space Use Position Available
2nd Floor 3,896 SF Office - Now

2nd Floor

Size
3,896 SF
Space Use
Office
Position
-
Available
Now

Nearby Major Retailers

Scooter's Coffeehouse
Austin Bank Texas NA
Southside Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
27733
Land Assessment
$6,532 CAD
Improvements Assessment
$155,639 CAD
Total Assessment
$162,170 CAD
  • Listing ID: 28862302

  • Date on Market: 2023-06-27

  • Last Updated:

  • Address: 312 Premier Rd, Longview, TX 75604

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