142 Avenue D Clifton, TX 76634

Property Details for 142 Avenue D

Year built

1906

Property size

10,120 SF

Property type

Wedding venues

Property subtype

Retail properties

Description

This exceptional mixed-use property in Clifton, Texas, presents a unique investment and owner-user opportunity. Located at 142 N Avenue D, this beautifully renovated 10,120 square foot building boasts a rich history, dating back to 1906, with significant renovations completed in 2007. The property features one main building with two stories, offering a versatile layout ideal for a variety of commercial ventures. Currently, the building houses three tenants, with 30% occupancy. The rear of the building includes two income-producing apartments, each with private entrances. Unit 1 features two downstairs bedrooms and two bathrooms, plus an upstairs loft. Unit 2 offers one bedroom, two bathrooms, and a spacious loft with ample closet space. These apartments currently generate $2,495 in monthly rental income ($1,200 and $1,295 respectively). The remaining approximately 7,000 square feet of commercial space offers significant potential for various businesses. The property also includes 20 parking spaces and a charming courtyard. This prime downtown location in Bosque County, with its high foot traffic and strong local support, ensures a thriving business environment. The asking price is $750,000, translating to $74.11 per square foot. This is a rare chance to acquire a historically significant, income-generating property in the heart of Central Texas.

Location Insight

City

Clifton

County

Bosque

State

Texas

Longitude

-97.5744

Latitude

31.7841