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315 Main St Grand Prairie, TX 75050

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For Sale
Contact for pricing

Downtown Grand Prairie retail/office complex. Five tenants, high potential.

Property size:
6,516 SF

Property Features for 315 Main St

General Information

Property type
Individual retail properties
Square Feet
6,516 SF

Building Details

Stories
1
Units
5

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Listing Contact
Chuck Precopia
Chuck Precopia

Listing Agency: Client Based Properties Inc Listing Agent: Chuck Precopia

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

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Property Insight Report

Overview

This exceptional investment opportunity presents a multi-tenant property ideally situated in the heart of Grand Prairie's downtown area. The property comprises two buildings totaling 6,516 square feet of net rentable space, currently 80% occupied by five tenants on month-to-month leases. Each tenant will receive a 60-day notice to vacate upon sale. The buildings, located at 307-313 and 315 West Main Street, boast convenient street-front parking and rear access drives. A nearby city parking lot provides additional parking convenience. The property also includes a separate 9,500 square foot lot situated at 500 N.W. Dolores Huerta, north of the County Courthouse. The combined land area encompasses 32,774 square feet. This prime location directly benefits from high visibility on Main Street and proximity to the Grand Prairie City Offices and the County Courthouse, ensuring consistent foot traffic and exposure. The property is zoned for a variety of uses within the planned downtown remodel, offering significant upside potential for future development. The asking price is $1,750,000, representing a price per square foot of $268.57. The current gross lease structure provides a stable income stream, with the potential for increased rental income once the property is fully leased at market rates. This is a rare opportunity to acquire a well-located, multi-tenant property in a rapidly developing downtown area. The sale includes the two buildings and the additional lot, offering a substantial land holding in a prime location. The property is offered free and clear.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

NAPA Auto Parts Auto Parts Store Chiropractic Center of Grand ... Alternative Medicine Practice Dr. David Lowe ... Alternative Medicine Practice

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Grand Prairie
County
Dallas
State
Texas
Longitude
-97.006812562189
Latitude
32.745408406118

FAQs

What type of property is this?
Individual retail property - Downtown Grand Prairie retail/office complex. Five tenants, high potential.
Where is this individual retail property located?
The property is located at 315 Main St Grand Prairie, TX.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Prime downtown location near County Courthouse and major city attractions.; High visibility storefront on a main thoroughfare with significant pedestrian traffic.; Below-market lease rates offer strong investor potential.
(682) 227-2787 Call to check price and availability
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