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    OFF-MARKET
    Commercial real estate

    241 Main St, Childress, TX 79201

    7,116 SF 0.13 ac lot Built 1910
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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