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347-349 N Cherry Ln 3,600 SF 100% Leased Retail Building Fort Worth, TX 76108 $741,874 CAD ($206.08 CAD/SF)



Investment Highlights
- Fully-occupied, income-generating, low-maintenance, and great location!
Executive Summary
Incredible opportunity to own a fully occupied income-producing commercial building with a rare, grandfathered residential apartment—perfectly positioned in the heart of Fort Worth’s West Side off Cherry Lane, complete with views of Downtown Fort Worth. This versatile property includes three fully leased commercial spaces: one occupied by a construction-related business, another by a vintage furniture store, and a small residential apartment that is legally grandfathered in and also leased. The property generates over $45,000 in gross income annually and is primed for a new owner seeking immediate cash flow. Located just minutes from Lockheed Martin, a major billion-dollar employer, and only moments from I-30 and Loop 820, this site offers unmatched accessibility and visibility. The building features ample parking, excellent road frontage, and low-maintenance construction, making it an ideal investment for hands-off ownership. Tenancy provides strong flexibility: Several tenants operate on month-to-month leases, giving the new owner room to adjust pricing or reposition as desired. One tenant is secured under lease through January 2026, offering stable, predictable income. The water bill is held in the owner’s name and fairly divided among tenants based on usage. The owner also maintains the yard, keeping operational demands minimal. The property is currently managed by a professional management company that can continue under new ownership for a seamless transition. Opportunities like this—fully occupied, income-generating, low-maintenance, and ideally located—rarely hit the market. No survey available. Don’t wait—this one won’t last long!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
3,600 SF
Building Class
C
Year Built/Renovated
1955/2016
Price
$741,874 CAD
Price Per SF
$206.08 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
0.33 AC
Zoning
C
Parking
5 Spaces (0.73 Spaces per 1,000 SF Leased)
Frontage
233’ on N Cherry Ln
Amenities
- Dedicated Turn Lane
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Fire Rescue Movers Service
- Public Administration
- -
- -
- -
- Firefighters
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Fire Rescue Movers Service | Public Administration | - | - | - | ||
| Firefighters | Services | - | - | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 03043215 | Improvements Assessment | $443,578 CAD |
| Land Assessment | $54,650 CAD | Total Assessment | $498,228 CAD |
Property Taxes
Parcel Number
03043215
Land Assessment
$54,650 CAD
Improvements Assessment
$443,578 CAD
Total Assessment
$498,228 CAD
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Presented by
Ameriplex Realtors
347-349 N Cherry Ln
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