Current Use by Public Records
- Retail properties & Spaces
Property Details for 219 East St
- Year built
- 1927
- Lot size
- 1.37 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Belton
- County
- Bell
- State
- Texas
- Longitude
- -97.4635
- Latitude
- 31.0547
