$469,000
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1.14 Acres Lot
SOLD DATE : 01/23/2023
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision None
MLS Listing ID 20193928
Sold Date 01/23/23
Total Fin. Sqft 12000
Year Built 1932
Lot Size 1.141 Acres
Acres 1.141
Property Description
BACK ON THE MARKET!! FINANCING FELL THROUGH.
Downtown Tyler property with huge upside! 12,000 square foot building sitting on over an acre of land. Property is in structurally sound condition with metal roof trusses and steel I-Beams under second floor. This property has many re-use purposes from retail, apartments, shop or build new on almost 1 acre of cleared land. This property is just a 2 minute walk away from a new 112 unit apartment complex as well as 18 new townhomes under construction. The downtown area is set to boom over the next few years with new and current projects including: a new proposed County Courthouse being constructed, breweries, restaurants, bars, shows and the walkability of the downtown area.
Location
State TX
County Smith
Zoning commercial
Direction In Tyler, Head north on Broadway Ave. Take a left on Ferguson Ave. Turn left of Bonner. Take right on W Erwin and property is on the left before you get to Palace Ave.
Interior
Heating Central, Natural Gas
Cooling Central Air, Electric
Flooring Concrete, Wood
Heat Source Central, Natural Gas
Exterior
Utilities Available City Sewer, City Water, Electricity Available, Natural Gas Available
Roof Type Asphalt
Garage No
Building
Lot Description Level
Foundation Other
Structure Type Brick
Others
Ownership Old House Properties
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Financing Cash
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Bought with Melanie Baker • Ebby Halliday Realtors
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "