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    219 East St Belton, TX 76513

    For Sale
    $4,950,000

    Historic Downtown Belton, TX multi-tenant retail building

    Property size:
    17,103 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional multi-tenant retail investment opportunity is located in the heart of historic downtown Belton, Texas, just minutes from I-35. The property, known as The Gin at Nolan Creek, comprises two buildings totaling 17,103 square feet on a 1.366-acre lot. Built in 1927, the two-story structure is zoned for Central Business District use. Ample parking is available for tenants and customers. The property currently features a mix of tenants, with Suite A (2,519 square feet) currently occupied by Creekside Cigar and available for lease. Additionally, a gazebo on the property is available for lease, ideal for food trucks or similar ventures. The asking price is $4,950,000, representing a price per square foot of $289.42. Detailed financial information is available upon request, subject to a non-disclosure agreement. This presents a unique chance to acquire a piece of Belton's vibrant commercial landscape, blending historical charm with modern conveniences. The property's prime location ensures high visibility and accessibility, making it an attractive investment for a variety of retail businesses. This is a rare opportunity to own a significant piece of Belton's thriving downtown area.

    Property Features for 219 East St

    General Information

    Property type
    Individual retail properties
    Square Feet
    17,103 SF
    Lot Size
    59,503 SF

    Building Details

    Year Built
    1927
    Buildings
    2
    Stories
    2

    HighLights

    • Multi‑tenant retail investment opportunity in historic downtown Belton. Financials available upon request (NDA required).
    • Minutes from I‑35 with ample parking.
    • 2,519 SF retail suite available for lease (currently occupied by Creekside Cigar).
    • Gazebo space available for lease, ideal for food trucks.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Belton
    County
    Bell
    State
    Texas
    Longitude
    -97.463510137145
    Latitude
    31.054715072226

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    FAQs

    What type of property is this?
    Individual retail property - Historic Downtown Belton, TX multi-tenant retail building
    Where is this individual retail property located?
    The property is located at 219 East St Belton, TX.
    What is the asking price?
    The asking price for this property is $4,950,000.
    What are key features of this property?
    This property features: Multi-tenant retail investment opportunity in historic downtown Belton. Financials available upon request (NDA required).; Minutes from I-35 with ample parking.; 2,519 SF retail suite available for lease (currently occupied by Creekside Cigar).
    Request Owner's contact information
    219 East St Belton, TX 76513
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    Belton, TX 76513
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    219 East St Belton, TX 76513
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