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5601 E Lancaster Ave Fort Worth, TX 76112

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For Sale
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34,944 SF building with income and growth potential.

Property size:
34,944 SF

Property Features for 5601 E Lancaster Ave

General Information

Standard status
Active
Size
34,944 SF

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Listing Contact
Pegah Pegah
Source: Crexi

Listing Agency: Transglobal Realty Advisors Listing Agent: Pegah Pegah

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Versatile Building on High-Traffic Corridor

This 34,944 SF building offers a value-add opportunity for investors and owner-operators. The property currently houses six tenants, providing immediate rental income alongside significant growth potential. Its versatile layout is suited for various businesses, including a gym, furniture store, event center, or banquet hall. An owner could also occupy a portion of the building while collecting rent from the remaining units. Two units have operated as a successful event center for over 14 years. Constructed in 1962, the property combines classic charm with functional commercial spaces. Zoned F, the property allows for a wide range of business ventures. Situated along the high-traffic East Lancaster Avenue corridor, the property benefits from excellent visibility and access to major arterials. The surrounding trade area features a growing population and rising household incomes, indicating expanding customer bases and redevelopment activity. The area is considered transitioning, with new mixed-use developments and improvements underway.
Location Intelligence

Current Use by Public Records

Lancaster Hall Wedding Service Micheladas El Barbas Bar & Pub Tacos el rincon ... Restaurant Toro Taxes Tax Preparation

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

Location Insight

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  • Local Demand
City
Fort Worth
County
Tarrant
State
Texas
Longitude
-97.2338911
Latitude
32.7388608

FAQs

What type of property is this?
Retail space - 34,944 SF building with income and growth potential.
Where is this retail space located?
The property is located at 5601 E Lancaster Ave Fort Worth, TX.
What are key features of this property?
This property features: - Value-add opportunity with immediate rental income from 6 existing tenants.; - 34,944 SF building with a versatile layout, ideal for various businesses.; - Located on high-traffic East Lancaster Avenue offering excellent visibility and access.
More about this property
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