212 W 1St St Dumas, TX 79029

Property Details for 212 W 1St St

Lot size

2.23 lot acres

Property size

261,772 SF

Property type

Commercial real estate

APN

114195

APU

114195

Description

This 76,650-square-foot retail shopping center in Dumas, Texas, is situated on a 6.4-acre lot at the main intersection of US Hwy 287 and Hwy 87, a high-traffic area. Currently occupied in part by a church, the property previously served as a retail center and offers significant potential. The building features 122 designated parking spaces with additional parking available. The south 30,000 square feet is vacant, previously occupied by a grocery store. The remaining 46,650 square feet is occupied by the church, featuring office space, classrooms, a large sanctuary, and a large entryway. The property boasts a newly installed (June 2020) TPO roof with a 20-year warranty (excluding the vacant 30,000 SF). The entire façade was renovated when the church purchased the building. The asking price is $4,800,000. Dumas, a growing town of approximately 14,000 residents, serves as a regional hub for surrounding communities in the Texas Panhandle. This presents a unique opportunity for redevelopment or continued use as a mixed-use property. The property's prime location and substantial size make it an attractive investment opportunity. The existing infrastructure, including ample parking and recent roof installation, minimizes immediate capital expenditure needs.