200 S Main Street, Duncanville, Texas 75116

$780,000
4,562
SqFt
List Price
$780,000
Price Change
▼ $70,000 1676001006
MLS#
20220012
Status
ACTIVE
Type
Commercial
Year Built
1972
Construction Status
Preowned
Acres
0.17
Living Area
4,562
County
Dallas
City
Duncanville
Subdivision
0884

Property Description

Income-producing, multi-tenant commercial asset situated at a highly visible intersection in the heart of the Downtown Duncanville District. This free-standing building is located on the corner of Main Street and E. Freeman Street with expansive street frontage on two downtown streets and a retail store sign that is grandfathered in. The interior of the main building features an open floor plan in the front with offices in the back, a built-in walk-in cooler, a kitchen, a full bathroom with shower, and 2 half baths. The back portion of the building is a separate lease space ,and has a private side entrance. Advantageous investment opportunity to acquire a fully leased asset with upside potential through rent increases or future redevelopment. This is the perfect location for a restaurant, gift shop, clothing boutique, or special events venue. The 2 Leases expire in August 2023 with the possibility of extension, if desired. Contact us today for a showing!

Additional Information

Average Monthly Lease
12
Annual Insurance
5292
Total Annual Expenses
Insurance, Maintenance, Maintenance Grounds, Maintenance Structure, Utilities, Other
Gross Annual Expenses
27082
Gross Annual Income
57000
Tenant Pays
All Utilities, Cable TV, Common Area Maintenance, Electricity, Gas, Grounds Care, Insurance, Janitorial Service, Pest Control, Security, Trash Collection, Water
Lot Dimensions
78x94
Lot Size
7,501
Acres
0.17
Lot Description
Undivided
Subdivided
No
Flooring
Concrete
Foundation
Slab
Roof
Asphalt
Building Stories
1
Walls
Texture
Ceiling Height Type
8 to10 Feet
Street Utilities
City Sewer, City Water, Electricity Connected, Individual Gas Meter, Individual Water Meter, Phone Available, Sewer Available
Heating Cooling
Central
Construction Material
Concrete, Rock/Stone, Stucco
Parking Garage
On Site, Outside, Parking Lot, Paved
Road Frontage Desc
City Street
Possession
30-60 Days
Building Sq. Ft.
4562
Number of units
1
Leasable Sq Ft
4562
Occupancy Rate
100
Business Name
N/A
Building Use
Retail
Zoning
Commercial/retail
Possession
30-60 Days

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Jennifer Hagler from Triple L Real Estate LLC. Contact: 214-926-4366