1900 9Th St Wichita Falls, TX 76301

Property Details for 1900 9Th St

Year built

1951

Construction

STEEL FRAME

Lot size

0.52 lot acres

Property size

15,752 SF

Zone code

GC

Property type

Strip malls

Property subtype

Neighborhood centers

APN

1820 029 00

APU

182002900

Description

This exceptional 13,923 square foot commercial property, located at 1900 9th Street in Wichita Falls, Texas, presents a unique investment opportunity. The single-story building sits on a 22,768 square foot lot and is comprised of six units, currently operating as a mix of retail and executive office spaces. The property boasts a strong location at the corner of 9th and Denver Streets, ensuring high visibility and significant traffic flow. Currently, two units are available for lease, offering potential for increased income. With a price per square foot of $36.63, this represents a significant price adjustment. The property is owner/tenant occupied, and when fully leased, it is projected to generate positive cash flow. The paved parking area provides ample space for customers and employees. The lease expiration date for existing tenants is July 11, 2025. This multi-use commercial property is ideal for investors seeking a strong return on investment in a desirable location. The property's combination of retail and office space provides flexibility and diverse income streams. This is a rare opportunity to acquire a well-located, established commercial property in Wichita Falls, Texas, at a highly competitive price.