2715 Chadbourne St San Angelo, TX 76903

This vacant, 3,214 square foot Class C warehouse, located at 2715 N Chadbourne St, San Angelo, TX 76903, presents a compelling value-add investment opportunity. Priced at $225,000 ($70.01/sq ft), this property boasts a pro-forma cap rate of 14.26% and a pro-forma NOI of $32,088. Built in 1931, the property features two single-story buildings situated on an 11,238 square foot lot with Real Commercial zoning. Recent upgrades include electrical system improvements. The property offers convenient alley access, multiple driveways for efficient traffic flow, and a versatile front section ideal for office space. The absence of dock-high doors should be noted. This property is currently vacant, providing immediate occupancy for a new owner. Its prime location in San Angelo, Tom Green County, ensures excellent visibility and accessibility. The property's APN is 38-00112-0049-000-00. This is an exceptional opportunity for investors seeking a strong return on investment in a desirable location.