Current Use by Public Records
- Office Spaces
Property Details for 113-115 Frances St
- Year built
- 1940
- Lot size
- 0.12 lot acres
- Property type
- Office Spaces
Description
This exceptional 5,377 square foot office building presents a compelling investment opportunity in Terrell, Texas, a city experiencing rapid growth within Kaufman County, ranked among the top ten fastest-growing counties nationally. Situated on a 0.12-acre lot at 113-115 N Frances Street, this property boasts a spacious reception area, perfect for welcoming clients and guests. The building's interior features thirteen private rooms, adaptable for use as individual offices or conference rooms, providing ample space for a variety of business needs. A significant asset is the 22' x 26' upstairs training room, ideal for workshops, seminars, or employee development programs. Further enhancing the functionality of the space is a well-equipped kitchen and break area, promoting employee comfort and convenience. The property is largely furnished, with all furnishings available for negotiation, offering flexibility for the new owner. This updated facility is located within an Opportunity Zone, presenting additional investment incentives. This is a rare chance to acquire a substantial and well-maintained office building in a thriving Texas community. The asking price for this turnkey operation is $660,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Terrell
- County
- Kaufman
- State
- Texas
- Longitude
- -96.2785
- Latitude
- 32.7372
