2800 Hemphill St Fort Worth, TX 76110-3214

Property Details for 2800 Hemphill St

Year built

1918

Construction

FRAME

Lot size

0.17 lot acres

Property size

2,318 SF

Property type

Office buildings

APN

39450-14-24-30

APU

39450142430

Description

This exceptional Fort Worth office portfolio comprises two buildings totaling 3,368 square feet of net rentable space, situated on a 7,500-square-foot lot (APN 02814714). The main building, beautifully renovated in 2015, offers 2,318 square feet of traditional office space, ideally located on Hemphill Street between Magnolia and Berry Streets, providing convenient access to TCU, the Near Southside, and the Medical District. A secondary building on the property includes an additional 700 square feet of office space and a 350-square-foot studio apartment, both currently leased. The property boasts 100% occupancy with three tenants under a one-year lease commencing October 1, 2023. Built in 1918, the property is zoned for commercial use and features two stories. The current gross income is $58,366, with a pro forma net income of approximately $43,000. A full accounting of expenses will be available soon. This is a rare opportunity to acquire a well-located, income-producing property in a thriving Fort Worth neighborhood.