119 Longview St Kilgore, TX 75662
- Commercial real estate
- 0.10 lot acres
Current Use by Public Records
- Jack Ryan's Steak and Chophouse / Steak House / Bar
- Bitcoin ATM Kilgore - Coinhub / Atm / Currency Exchange Service
- Global Graphics / Commercial Printer
- Smoke Center ( OPEN ON CHRISTMAS EVE ) / Novelty Store / Tattoo Shop
Property Details for 119 Longview St
- Lot size
- 0.10 lot acres
- Property type
- Commercial real estate
- APN
- 3760000000-007-00-04
- APU
- 37600000000070004
Description
This exceptional 10,150 square foot retail property, located at 119 S Longview St, Kilgore, TX 75662, presents a compelling investment opportunity. The single-story building is currently fully occupied by four tenants, generating a strong and consistent income stream. Priced at $1,040,000, this translates to a desirable price per square foot of $102.46 and a 9.00% capitalization rate. Situated in Gregg County's bustling historic downtown, the property benefits from significant daytime foot traffic, ensuring high visibility and accessibility for tenants. Ample parking is available, including a dedicated lot and convenient street parking, further enhancing the property's appeal. Recent renovations ensure the building is in excellent condition, making this a truly turnkey investment. This property offers a rare opportunity to acquire a stable, high-performing retail center in a desirable location with a proven track record of success. The property's strong tenant base and prime location make it an ideal addition to any investment portfolio. Don't miss this chance to secure a profitable and low-maintenance investment in a thriving Texas market.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kilgore
- County
- Gregg
- State
- Texas
- Longitude
- -94.8771
- Latitude
- 32.3876
- CBSA code
- 30980
- CBSA name
- LONGVIEW, TX METROPOLITAN STATISTICAL AREA