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Property profile & analytics
OFF-MARKET
Commercial real estate

17451 Us Highway 377 London, TX

5,660 SF 0.43 ac lot Built 1930
Property ID
Property summary
AI-generated overview

This exceptional 5,660 square foot commercial property, situated on a 0.43-acre lot at 17451 US Highway 377 in London, Texas, presents a unique investment opportunity. Originally constructed in the early 1900s as a grocery store, this building boasts a rich history and has evolved into a thriving mixed-use space. The ground floor currently features 2,200 square feet of established commercial space, currently operating as a grill, drawing customers from a wide area. The property also includes an upstairs apartment requiring some renovation, offering significant potential for additional income or residential conversion. A previously utilized shop area, formerly an art gallery and resale shop, provides further versatility. The building's brick construction reflects its enduring character and provides a solid foundation for future endeavors. Located in the heart of London, this property benefits from high visibility and strong community ties, making it an ideal investment for entrepreneurs seeking a blend of established business and redevelopment potential. The asking price is $219,900. This is a rare chance to own a piece of Texas history and shape its future.

Property profile
Verified
Property type Commercial real estate
Year built 1930
Total area 5,660 SF
Lot 0.43 ac (18,731 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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