7264 Glenview Drive, Richland Hills, Texas 76180

$435,000
List Price
$435,000
MLS#
14633902
Status
ACTIVE
Type
Commercial
Year Built
1951
Construction Status
Preowned
Acres
0.39
County
Tarrant
City
Richland Hills
Subdivision
Richland Hills Add

Property Description

Instant & steady cash flow on this rare find in Richland Hills! This busy corner lot has 2 commercial ready buildings that are currently leased. The main building is 2816 square feet; the other is 1000 square feet. Both roofs & HVAC units were replaced <5 years. Main building water heater replaced 2017. Back building WH replaced 1 year ago, attic is completely floored for extra storage. There's an abundance of parking spaces in both the front lot & the back as well as a carport, approximately enough room for 14 vehicles. Property is fenced across the back & along the west side. Also included is a highly visible advertising pole sign with lots of traffic on a daily basis! Great opportunity in a prime location!

Additional Information

Unexempt Taxes
$4,549
Features
Fire Alarm, Inside Storage, Other, Security Lighting
Gross Annual Expenses
9800
Gross Annual Income
37800
Tenant Pays
Alarm Monitor Fee, All Utilities, Electric, Gas, Renters Insurance, Sewer, Water
Lot Dimensions
167x107
Lot Size
16,988
Acres
0.39
Subdivided
No
Flooring
Vinyl, Wood
Foundation
Pier & Beam, Piered Beam Slab
Roof
Composition
Stories
1
Walls
Texture
Ceiling Height Type
8 to10 Feet
Street Utilities
All Weather Road, City Sewer, City Water, Curbs, Individual Gas Meter, Individual Water Meter, Overhead Utilities, Sidewalk, Underground Utilities
Heating Cooling
Central Air-Elec, Central Heat-Gas, Heat Pump
Construction Material
Rock/Stone, Wood
Parking Garage
Carport-Individual, Covered, Garage-Attached, Open
Road Frontage
103
Road Frontage Desc
City, Curbs/Gutters, Other, Sidewalk
Proposed Financing
Cash, Conventional
Building Sq. Ft.
3816
Number of units
3
Leasable Sq Ft
3800
Occupancy Rate
100
Building Use
Automotive, Bar/Taverns, Beauty/Barber, Building Services, Church, Food Service, Hotel/Motel, Laundromat, Medical, Office, Office/Warehouse, Other, Restaurant, Retail, Storage Warehouse, Wholesale
Inclusions
Land & Improvements
Possession
Subject to Lease

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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

Listing courtesy of Alliance Real Estate.