142 Avenue D Clifton, TX 76634
Prime investment or owner-user opportunity in charming Clifton, TX. This meticulously restored early 19th-century, 10,120 sq ft multi-use/flex building boasts original hardwood floors, large display windows, and exposed walls, creating a unique blend of historical charm and modern functionality. The main commercial space (approx. 7,000 sq ft) offers versatile options for various businesses. The rear of the building features two income-producing apartments, each with private entrances. Unit 1 includes two downstairs bedrooms, two full bathrooms, and an upstairs loft. Unit 2 offers one bedroom, two full bathrooms, and a spacious loft with ample closet space. Both apartments currently rent for $1,200 and $1,295 per month respectively, generating a combined monthly income of $2,495. A quaint courtyard adds outdoor space. Situated on a 0.23-acre lot in the heart of downtown, this property benefits from high foot traffic and a strong local community. The building also features a historical walk-in safe. This is a rare chance to own a beautifully renovated downtown building in central Texas. The asking price is $750,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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