Property profile

241 Main St Childress, TX 79201

OFF-MARKET
Commercial real estate
7,116 SF 0.13 ac lot Built 1910
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Property summary

AI-generated overview

This exceptional 7,116 square foot commercial property, situated on a 0.13-acre corner lot in Childress, Texas, presents a unique investment opportunity. Located on the historic brick streets of downtown Childress, this building is undergoing revitalization, offering a blend of historical charm and modern potential. The interior boasts original wood floors and tin tile ceilings, adding to its unique character. A significant upgrade was made in 2022 with the installation of a new smoker. The sale includes the building and land only. All furniture, fixtures, and equipment are negotiable, excluding a few personal items. The property is being sold as-is, and financing is not available from the seller. This is a fantastic opportunity for an entrepreneur or investor looking to establish a business in a thriving downtown area. The property is not available for rent or lease. Prospective buyers should be prepared to make a cash offer. Please respect the "No Trespassing" sign and do not access the property without prior authorization.

Property profile

Verified
Property type Commercial real estate
Year built 1910
Total area 7,116 SF
Lot 0.13 ac (5,663 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

241 Main St Childress, TX 79201
Childress metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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