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Property profile & analytics
OFF-MARKET
Commercial real estate

128 Lee St Utopia, TX 78884

1,628 SF 0.4 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1,628 sq ft commercial property, nestled in the heart of Utopia, TX's historic downtown, presents a unique investment opportunity. Located just off Main Street on a 0.4-acre lot, this early 1900s building boasts undeniable charm, including large windows that flood the interior with natural light, beautiful wood trim, and an antique beveled-glass door. A spacious 7x23 front porch with multiple electrical outlets provides ample outdoor space. The property includes a 7x7 garden shed and a 12x24 workshop, fully insulated, paneled, and air-conditioned. The entire property is fenced for security and privacy. The interior features a well-equipped kitchen with dual sinks, 59 linear feet of countertops, a large butler's pantry boasting extensive shelving, cabinets (33 total in the kitchen and pantry), and a sizable laundry/utility room. The property's previous use as a restaurant highlights its potential for a variety of commercial ventures. The existing kitchen infrastructure is ready for immediate use, making it ideal for a restaurant, brewery, shop, or office space. An RV hookup adds further versatility, making it suitable for a vacation rental. The unrestricted zoning allows for a wide range of possibilities. This property's prime location and numerous features offer an unparalleled opportunity for a savvy investor.

Property profile
Verified
Property type Commercial real estate
Total area 1,628 SF
Lot 0.4 ac (17,424 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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