401 Main St Van, TX 75790
- Commercial real estate
- 2,270 SF
- 0.25 lot acres
Current Use by Public Records
- The shack / Coffee Shop
Property Details for 401 Main St
- Year built
- 1955
- Lot size
- 0.25 lot acres
- Property size
- 2,270 SF
- Property type
- Commercial real estate
- APN
- 064.0299.5270.0000.0000
- APU
- 640299527000000000
Description
This exceptional 1.39-acre retail property in Van, Texas, presents a unique investment opportunity. Strategically located on a corner lot with convenient access to Interstate 20 via S Oak Street (just one mile away), this site boasts high visibility and significant traffic flow. The property consists of six parcels and five existing buildings, offering immediate income potential and future development possibilities. Currently, buildings at 425 and 427 W Main Street are leased, generating consistent revenue. Buildings at 119, 401, and 403 W Main Street are vacant, providing flexibility for new tenants or redevelopment projects. The total square footage is 2,270 square feet. The property's general commercial zoning allows for a wide range of uses, making it ideal for various retail concepts. The high demand for convenience stores in the area makes this location particularly attractive for such a development. This property is priced at $975,000 and offers a compelling blend of existing income and future growth potential. The location's proximity to I-20 ensures excellent accessibility and exposure to a large customer base. This is a rare opportunity to acquire a well-positioned retail property in a growing Texas market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Van
- County
- Van Zandt
- State
- Texas
- Longitude
- -95.6418
- Latitude
- 32.5237
