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5601 E Lancaster Ave
Fort Worth, TX 76112
Retail Property For Sale


Executive Summary
This prime property presents a value-add opportunity for investors and owner-operators. The 34,944 SF building with 6 existing tenants offers immediate rental income and significant potential for growth. The versatile layout is ideal for a gym, furniture store, event center, banquet hall, or an owner looking to occupy a portion while collecting rent from the remaining units. Two of the units have operated as a successful event center for over 14 years, providing proven business model. Built in 1962, the property blends classic charm with functional commercial spaces. Zoned F, it allows flexibility for a wide range of business ventures.
Situated along the high-traffic East Lancaster Avenue corridor, the property benefits from strong visibility and access to major arterials. The surrounding trade area has a growing population and rising household incomes, reflecting expanding customer bases and redevelopment activity. The area is considered transitioning, with new mixed-use developments and improvements underway. All provided information should be verified.
Situated along the high-traffic East Lancaster Avenue corridor, the property benefits from strong visibility and access to major arterials. The surrounding trade area has a growing population and rising household incomes, reflecting expanding customer bases and redevelopment activity. The area is considered transitioning, with new mixed-use developments and improvements underway. All provided information should be verified.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
34,944 SF
Building Class
C
Year Built
1962
Price
$3,414,075 CAD
Price Per SF
$97.70 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.34
Lot Size
2.39 AC
Zoning
F - Commercial
Parking
80 Spaces (2.29 Spaces per 1,000 SF Leased)
Frontage
172’ on Lancaster Ave
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Waterfront
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,792,301 CAD | |
| Land Assessment | $305,069 CAD | Total Assessment | $2,097,370 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$305,069 CAD
Improvements Assessment
$1,792,301 CAD
Total Assessment
$2,097,370 CAD
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