120 2nd Ave Amarillo, TX 79107

This exceptional industrial property, located in Amarillo, Texas, presents a compelling investment opportunity. Priced at $550,000, this single-tenant, net-leased distribution warehouse boasts 16,110 square feet of space and sits on a 1.06-acre lot. Built in 1946, the building features four dock-high doors, providing efficient loading and unloading capabilities. The warehouse boasts a clear ceiling height of 11.50 feet, and a deck height of 14.75 feet. The property also includes substantial office space, strategically located on both the east and west sides of the building, with the east side featuring a showroom. A significant basement area, accessible via stairway and freight elevator, is not included in the stated square footage, offering additional potential. The property is zoned Industrial 1 (I-1) and benefits from ample outdoor storage space due to its generous lot size. Currently leased until November 30, 2025, this property offers a stable income stream. 2023 property taxes totaled $6,059.60. The convenient location on NE 2nd Street, between Polk and Taylor, in Amarillo's north downtown area, ensures excellent accessibility and visibility. This well-maintained warehouse is ready for immediate occupancy upon lease expiration.