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Retail, Commercial 815 N 3rd St 8,858 SF 100% Leased Retail Building Lufkin, TX 75901 $556,354 CAD ($62.81 CAD/SF)
Investment Highlights
- High traffic with excellent visibility!
- Desirable location!
- 6 total units!
Executive Summary
This commercial property is located in a high-traffic area, offering excellent visibility and strong income-producing potential. The property features six total units, providing multiple revenue streams, with two units currently available. Perfect for an owner-user or new tenants. An ideal opportunity for investors seeking steady cash flow with immediate upside in a desirable location.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
8,858 SF
Building Class
C
Year Built
1945
Price
$556,354 CAD
Price Per SF
$62.81 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.63 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Parking
20 Spaces (2.26 Spaces per 1,000 SF Leased)
Frontage
312’ on East Laurel Avenue
Amenities
- Signage
Fairly walkable
50/100
Very drivable
80/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $69,467 CAD | |
| Land Assessment | $58,227 CAD | Total Assessment | $127,694 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$58,227 CAD
Improvements Assessment
$69,467 CAD
Total Assessment
$127,694 CAD
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Retail, Commercial | 815 N 3rd St
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