1316 Vine Ave Tyler, TX 75701
- Retail properties
- 3,198 SF
Current Use by Public Records
- Dragon's Breath / (Bike/Boat/Book/etc) Store
- Texas Taser / Training Center / Sports School
- Bitcoin Depot - Bitcoin ATM / Crypto Atm / Atm
Property Details for 1316 Vine Ave
- Year built
- 1916
- Property size
- 3,198 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This prime Tyler, Texas commercial property, located at 1316 S Vine Ave, 75701, presents a unique investment opportunity. The 3,198 square foot storefront, built in 1916, sits on a high-traffic road and boasts 100% occupancy. Currently housing a vape shop and a tattoo parlor, the property offers a blend of owner-user and rental income potential. The vape shop, the oldest in Tyler, is included in the sale, complete with its inventory. The tattoo parlor operates under a lease agreement, providing consistent rental income. The property is zoned commercial and features one single-story building. The asking price is $750,000, translating to $234.52 per square foot. This represents a strong return on investment given the established businesses and high visibility location. The property's long-standing success and consistent rental income stream make it an attractive proposition for discerning investors. The sale includes the existing vape shop inventory. This is a gross lease arrangement with a single tenant. The property's APN is 1-50000-0314-03-030000.
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
- Tyler
- County
- Smith
- State
- Texas
- Longitude
- -95.31
- Latitude
- 32.3346