330 Texas Ave Texas City, TX 77590
- Commercial real estate
- 4,180 SF
- 0.29 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 330 Texas Ave
- Year built
- 1960
- Lot size
- 0.29 lot acres
- Property size
- 4,180 SF
- Property type
- Commercial real estate
- APN
- 7030-0046-0001-000
- APU
- 703000460001000
Description
This exceptional value-add opportunity presents a 4,180-square-foot vacant commercial building situated on a 6,250-square-foot lot in Texas City, Texas. Located at 330 Texas Ave, 77590, this single-story, 1960-built structure is zoned E and offers significant potential. Previously operating as the popular Bourbon Street bar, this property boasts a prime location near the city's main industrial and commercial areas, presenting a unique chance for a business to cater to the local workforce. The asking price is $160,000, representing a price per square foot of $38.28. Galveston CAD has appraised the property at $399,250, highlighting its considerable upside potential. The building is vacant, offering immediate occupancy for a new tenant or owner-operator. This is a single-unit property with 100% ownership available. The property's history as a successful bar suggests strong potential for a variety of uses, including a restaurant or storefront. This is a rare opportunity to acquire a well-located commercial property at a significantly discounted price. The property's size and location make it an attractive investment for both experienced and new commercial property owners. Don't miss this chance to capitalize on this undervalued asset in a thriving Texas City location.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Texas City
- County
- Galveston
- State
- Texas
- Longitude
- -94.8991
- Latitude
- 29.3844
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA