219 East St Belton, TX 76513
This exceptional multi-tenant retail investment opportunity is located in the heart of historic downtown Belton, Texas, just minutes from I-35. The property, known as The Gin at Nolan Creek, comprises two buildings totaling 17,103 square feet on a 1.366-acre lot. Built in 1927, the two-story structure is zoned for Central Business District use. Ample parking is available for tenants and customers. The property currently features a mix of tenants, with Suite A (2,519 square feet) currently occupied by Creekside Cigar and available for lease. Additionally, a gazebo on the property is available for lease, ideal for food trucks or similar ventures. The asking price is $4,950,000, representing a price per square foot of $289.42. Detailed financial information is available upon request, subject to a non-disclosure agreement. This presents a unique chance to acquire a piece of Belton's vibrant commercial landscape, blending historical charm with modern conveniences. The property's prime location ensures high visibility and accessibility, making it an attractive investment for a variety of retail businesses. This is a rare opportunity to own a significant piece of Belton's thriving downtown area.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.