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801 Grant St Amarillo, TX 79101

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For Sale
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Prime location, high NOI, vacant possession.

Property size:
21,739 SF

Property Features for 801 Grant St

General Information

Property type
Automotive properties
Square Feet
21,739 SF
Class
A

Building Details

Year Built
1937

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Listing Contact
Jeff Gaut
Jeff Gaut

Listing Agency: Gaut Whittenburg Emerson CRE Listing Agent: Jeff Gaut

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

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Property Insight Report

Overview

This exceptional Class A retail investment opportunity presents a 21,739-square-foot auto shop located at 801 S Grant St, Amarillo, Texas, 79101. The property sits on a 25,078-square-foot lot and boasts a strong asking price of $1,499,000, translating to $68.95 per square foot. Built in 1937, the building is zoned I1 and currently sits vacant, offering a blank canvas for a new tenant or immediate occupancy for an owner-operator. The property's strong financial performance is highlighted by a 6.00% cap rate and a net operating income (NOI) of $90,000. A significant advantage is the potential for a seven-year lease with Pittsburgh Glass Works (PGW), a leading supplier of auto glass and shop accessories with a vast distribution network across the US and Canada. This presents a compelling opportunity for investors seeking a core investment in a prime Amarillo location with a strong potential for long-term rental income and appreciation. The property's strategic location in Potter County offers excellent visibility and accessibility. This is a rare chance to acquire a well-situated, high-performing asset in a thriving market.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

PGW Auto Glass Auto Repair Shop

Suggested Use

Restaurant Real Estate Agency Dental Office Spa & Massage Center Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Law Firm Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Amarillo
County
Potter
State
Texas
Longitude
-101.8283731
Latitude
35.2040074

FAQs

What type of property is this?
Automotive property - Prime location, high NOI, vacant possession.
Where is this automotive property located?
The property is located at 801 Grant St Amarillo, TX.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Class A, 21,739-square-foot auto shop in Amarillo, TX.; Located on a 25,078-square-foot lot at 801 S Grant St.; Asking price: $1,499,000 ($68.95/SF).
(806) 373-3111 Call to check price and availability
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