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    121 Highland Ave Marfa, TX 79843
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    121 Highland Ave, Marfa, TX 79843

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    • Retail properties & Spaces
    • 2,890 SF
    • 0.06 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 121 Highland Ave

    Year built
    1919
    Lot size
    0.06 lot acres
    Property type
    Retail properties & Spaces

    Description

    This exceptional retail property, located at 121 & 123 N Highland Ave in the heart of Marfa, Texas, presents a unique investment opportunity. Spanning 2,890 square feet on a 0.06-acre lot, this renovated adobe building boasts high ceilings and abundant natural light, creating a bright and inviting atmosphere ideal for a variety of retail businesses. The property's prime location on Marfa's premier street ensures high visibility and foot traffic, placing it in close proximity to popular restaurants and the iconic Marfa Courthouse. The building has been completely updated with all new systems, including HVAC, plumbing, and electrical, ensuring efficient and modern operation. The duplex configuration offers flexibility for multiple tenants or a single business seeking expanded space. This is a rare chance to acquire a meticulously renovated, highly desirable retail space in one of Texas' most sought-after art and tourism destinations. The asking price is $968,150. This property offers significant potential for strong returns on investment due to its location, condition, and the thriving Marfa market. The building's adobe construction adds to its unique charm and character, making it a truly distinctive retail space. Don't miss this opportunity to own a piece of Marfa's vibrant commercial landscape.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Marfa
    County
    Presidio
    State
    Texas
    Longitude
    -104.021
    Latitude
    30.311
    More about this property
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