501 Grant St Amarillo, TX 79101

Property Details for 501 Grant St

Year built

1924

Lot size

0.09 lot acres

Property size

14,000 SF

Zone code

I1

Property type

Warehouses

APN

R-048-0400-1405

APU

R04804001405

Description

This exceptional redevelopment opportunity encompasses three parcels totaling 1.05 acres in vibrant downtown Amarillo, Texas. The property consists of three buildings at 501, 509, and 517 S. Grant Street, offering a combined 42,096 square feet of above-ground space, complemented by an additional approximately 28,000 square feet of basement area. The main building at 501 S. Grant Street boasts 28,096 square feet spread across two floors, presenting versatile office and warehouse potential. A convenient freight elevator connects both levels to the extensive basement. The structure at 509 S. Grant Street comprises 14,000 square feet, recently updated with modern windows, overhead doors, and a refreshed front porch. This building also benefits from freight elevator access to both the ground floor and basement. Finally, the 15,246 square foot lot at 517 S. Grant Street is fully fenced, ideal for secure storage or ample parking. This unique property presents a significant chance to revitalize a prime downtown location, offering substantial space and diverse usage possibilities. The combined lot size of 1.05 acres provides ample room for expansion or future development. This is a rare opportunity to acquire a substantial mixed-use property in a thriving urban core. The property's size and location make it an attractive investment for developers and businesses seeking a prominent downtown Amarillo presence.

Location Insight

City

Amarillo

County

Potter

State

Texas

Longitude

-101.828

Latitude

35.2072

CBSA code

11100

CBSA name

AMARILLO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments