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Historic Gentry & Shelton Building 104 E College St 2,952 SF Vacant Retail Building Stephenville, TX 76401 $835,725 CAD ($283.10 CAD/SF)

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INVESTMENT HIGHLIGHTS

Downtown Stephenville’s best corner

2 levels plus the old county-jail basement

EXECUTIVE SUMMARY

Downtown Stephenville’s best corner! This is the Historic Gentry & Shelton Building built in 1873, the oldest surviving building on the square. The area is booming with new development and this one sits miles ahead because it’s truly build-ready. Full sealed architectural including MEPS's are complete. The entire design is already approved by the THC making it eligible for 45% in combined tax credits. That review work is costly and time-consuming and it’s already done. Literally next door the adjoining building is currently being updated to become retail space and next to it a boutique hotel being built! The building has 2 levels plus the old county-jail basement. Zoning is B4 private club, can shift to DT. Inventory on the square is tight and nothing else comes with this level of prep. A rare shot at a project with major value unlocked.