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1031 Us Highway 181
Portland, TX 78374
Retail Property For Sale


EXECUTIVE SUMMARY
Prime opportunity to own or lease a high-visibility former Wells Fargo freestanding bank building strategically located along heavily traveled US Highway 181 in Portland, Texas, offering approximately 1.09 acres with about 186 feet of frontage and expansive paved parking fields in both the front and rear of the property . This solid concrete, two-story structure features roll-down storm shutters for added hurricane protection and a functional, flexible layout ideal for financial, professional, or general office/retail users, with a dramatic grand lobby entry showcasing soaring ceilings and floor-to-ceiling glass, plus an existing teller line and secure vault area that could be repurposed for storage or specialty uses . The first floor includes roughly five to six private offices, a large open lobby/work area, storage room, one restroom, and a covered drive-through component with three drive-through lanes and one dedicated ATM lane, providing excellent on-site circulation and customer convenience . The second floor offers two conference rooms, approximately four additional offices, a mechanical room, dedicated network/server room, break area, two restrooms, and multiple storage areas, creating an efficient blend of private and collaborative space that supports a variety of office or call-center style operations . Positioned between established retail and service users along the corridor and benefiting from strong traffic counts of more than 40,000 vehicles per day on US 181, this property delivers exceptional exposure, signage potential, ample parking, and a ready-made bank/office configuration that can be adapted to a wide range of commercial tenants or an owner-occupant seeking a prominent Highway 181 presence.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
6,461 SF
Building Class
B
Year Built
1974
Price
$2,084,984 CAD
Price Per SF
$322.70 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.14
Lot Size
1.09 AC
Zoning
F1 - Rp - Commercial
Parking
34 Spaces (5.26 Spaces per 1,000 SF Leased)
Frontage
168’ on U.S. 181
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | 69582 | Improvements Assessment | $1,871,089 CAD |
| Land Assessment | $494,211 CAD | Total Assessment | $2,365,300 CAD |
PROPERTY TAXES
Parcel Number
69582
Land Assessment
$494,211 CAD
Improvements Assessment
$1,871,089 CAD
Total Assessment
$2,365,300 CAD
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