1119 Central E Fwy Wichita Falls, TX 76302
- Theaters & concert halls
- 11,880 SF
- 1.50 lot acres
Nov 09, 2022
Current Use by Public Records
- Club 940 / Event Venue
- Millan Event Center / Banquet Hall
Property Details for 1119 Central E Fwy
- Year built
- 1970
- Construction
- CONCRETE BLOCKS
- Lot size
- 1.50 lot acres
- Property size
- 11,880 SF
- Property type
- Theaters & concert halls
- APN
- 2123 002 00
- APU
- 212300200
Description
This exceptional 11,880-square-foot mixed-use property, situated on a 1.5-acre lot in Wichita Falls, Texas, presents a remarkable investment opportunity. Located directly on Central East Freeway, this Class B building boasts high visibility and significant traffic flow. Currently operating as an event center, the property's General Commercial (GC) zoning allows for a wide array of commercial uses, including retail, office, medical, restaurant, entertainment, fitness, daycare, warehouse, automotive, or even a church. The single-story building offers ample space, with numerous parking spaces conveniently located at the rear. The property's size allows for potential expansion, catering to future growth needs. The asking price is $650,000. This prime location and versatile zoning make it an ideal choice for entrepreneurs and investors seeking a high-impact commercial space in a thriving Texas market. Buyers are responsible for verifying all zoning and permitted uses with the City of Wichita Falls. The property is owner-occupied.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wichita Falls
- County
- Wichita
- State
- Texas
- Longitude
- -98.5156
- Latitude
- 33.9333
- CBSA code
- 48660
- CBSA name
- WICHITA FALLS, TX METROPOLITAN STATISTICAL AREA
