189 Elm St Lewisville, TX 75057
This well-maintained, 7,163 square foot office complex is ideally situated in the heart of downtown Lewisville, Texas. The property sits on a 0.46-acre lot and presents a unique investment opportunity for both owner-occupants and investors seeking a strong return. The building's design incorporates convenient parking directly in front of each individual suite, ensuring easy access and ample space for tenants and visitors. Its central downtown location offers excellent visibility and accessibility, placing it within close proximity to various amenities, businesses, and transportation routes. The property's current condition is described as well-maintained, suggesting minimal immediate capital expenditure requirements. This makes it an attractive prospect for those seeking a turnkey investment or a ready-to-occupy office space. The asking price of $1,099,900 reflects the property's prime location, desirable features, and potential for strong rental income. This is a rare opportunity to acquire a well-positioned office complex in a thriving Texas market. Serious inquiries are encouraged to explore this promising investment further.
-
Odle Lloyd D Law Firm
-
Crowley Collectibles (Bike/Boat/Book/etc) Store Arcade & Gaming Center
-
Theo’s Roast Cafe & Coffee Shop Specialty Food Shop
-
Master Restoration Guys Hardware & Home Improvement Construction Company
-
Jim Hughes Co Electronics & Wireless Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.