902 Us-181 Portland, TX 78374

This exceptional retail storefront investment opportunity, located at 902 US-181 in Portland, Texas, presents a compelling proposition for discerning investors. The property boasts 1,575 square feet across three units situated on a 0.31-acre lot, offering significant visibility and accessibility. Built in 2001, the single-story building benefits from a prime location on US Highway 181, a major artery with a high average annual daily traffic count of 38,014 vehicles, complemented by 9,640 vehicles daily on the feeder road. The property features 13 parking spaces and multiple convenient entries onto a concrete parking lot. Currently 100% occupied, the property generates consistent rental income, with leases in place for Suite A until February 28, 2027, and Suite B until February 2, 2025. The property is situated within Portland's burgeoning Leisure & Entertainment District, a rapidly developing area known for its farmers' markets, unique community events, concerts, and scenic attractions. The enhanced zoning regulations in this district further enhance the property's long-term value and potential. This offering includes both land and building, sold subject to existing leases. The asking price is $600,000, representing a price per square foot of $380.95. This is a rare opportunity to acquire a high-visibility, income-producing property in a thriving South Texas market. The property's location and strong tenant occupancy make it an attractive investment with potential for both income and appreciation. The APN is 71487.