1316 Vine Ave Tyler, TX 75701

OFF-MARKET

Retail properties & Spaces

3,198 SF Built 1916

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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.

Property type Retail properties & Spaces

Year built 1916

Total area 3,198 SF

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

(Bike/Boat/Book/etc) Store
Training Center Sports School
Crypto Atm Atm

1316 Vine Ave Tyler, TX 75701

Tyler metro

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6 recent transactions · within 1.5 mi

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