311 Washington Marshall, TX 75670
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 311 Washington
- Year built
- 1920
- Property type
- Commercial real estate
Description
This exceptional commercial property, located at 311 N Washington in the revitalized downtown area of Marshall, Texas, presents a compelling investment opportunity. The building boasts just over 2,000 square feet of well-maintained space, currently occupied by a long-term tenant, ensuring a stable income stream. Its prominent storefront location on N Washington guarantees excellent visibility and accessibility for customers. The property is situated within a thriving and revitalized downtown district, benefiting from increased foot traffic and community engagement. This makes it an ideal investment for those seeking a stable, income-generating asset in a rapidly developing urban core. The building's condition is described as excellent, suggesting minimal immediate maintenance needs. The property's size and location make it suitable for a variety of commercial uses, offering potential for future growth and adaptability. The current lease agreement provides a secure return on investment, while the prime location offers significant potential for future appreciation. This is a rare opportunity to acquire a well-established commercial property in a dynamic and up-and-coming area. Serious inquiries are encouraged to explore this promising investment further. The asking price is $169,900.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Marshall
- County
- Harrison
- State
- Texas
- Longitude
- -94.3672
- Latitude
- 32.5472
