213 Nugent Ave Johnson City, TX 78636
This exceptional Johnson City, Texas property, located at 213 N Nugent Ave, presents a unique investment opportunity. The 5,072 square foot building, situated on a 0.31-acre lot, offers a blend of historic charm and modern functionality. Built in 1950 and renovated in 2007, this single-story, Class B building boasts a versatile layout ideal for a variety of uses, including retail, restaurant, bar, or winery. Currently vacant, the property is available for immediate occupancy starting October 7, 2024. The fee-simple ownership provides complete control and potential for significant return. Its prime location in the heart of Johnson City's historic square ensures high visibility and foot traffic. The spacious interior allows for a live-work arrangement, combining business operations with residential living. Zoned for commercial use, this property offers endless possibilities for a discerning buyer seeking a unique and profitable venture in a thriving Texas town. The asking price is $1,700,000. The property features 5,072 square feet of net rentable space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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