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Mixed-Use Income Property

1500 NE Loop 230 Smithville, TX 78957

1500 NE Loop 230, Smithville, TX, 78957
Contact for pricing
For Sale
Contact for pricing
Pending

18-unit multifamily property with in-place office and commercial space, including a former restaurant use.

Property Size14,950 SF
Days on Market103

Property Features for 1500 NE Loop 230

General Information

Standard status
Pending
Size
14,950 SF
Property subtype
Multifamily, Office, Mixed Use
Listing agency Lowery Real Estate
Listed by Samuel Hollingsworth · License #TX
Source Crexi
Added: Apr 11 Updated: Jul 21 at 10:44PM Checked: Jul 21 at 10:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lowery Real Estate


Investment Insights

Based on property information with market context.

This mixed-use income property features 18 total units, including fifteen 400-square-foot efficiency residential units, one 1,150-square-foot office space, one 1,300-square-foot residential space, and one 6,500-square-foot commercial space that was previously used as a restaurant. The offering includes current cash flow and an opportunity to further increase income through interior renovations and optimizing leasable space.

Located at 1500 NE Loop 230 in Smithville, Texas, the property sits on the “main drag” per the seller’s remarks. For additional details, the seller is requesting calls for financials, interior pictures, or to schedule an appointment to view the property.

For serious investors and owner-users, the mix of residential units alongside office and commercial space can support a diversified income stream within a single asset.

Key Highlights

  • 18 total units: 15 efficiency residential units (400 SF each)
  • Includes 1 office unit with 1,150 SF and 1 residential unit with 1,300 SF
  • Also includes 6,500 SF commercial space that was previously used as a restaurant

Property Analytics

Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Law Firm Real Estate Agency Nail Salon HVAC Service Pharmacy Hair Salon Electrical Service Kitchen & Bath Showroom Grocery & Convenience Store Big Box & Wholesale Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - 18-unit multifamily property with in-place office and commercial space, including a former restaurant use.
Where is this apartment building located?
The property is located at 1500 NE Loop 230 Smithville, TX.
What are key features of this property?
This property features: 18 total units: 15 efficiency residential units (400 SF each); Includes 1 office unit with 1,150 SF and 1 residential unit with 1,300 SF; Also includes 6,500 SF commercial space that was previously used as a restaurant
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