3120 Lancaster Ave Fort Worth, TX 76103-2928

This 1,500 sq ft freestanding retail building, located at 3120 E Lancaster Ave in Fort Worth, Texas, presents a compelling investment opportunity. Built in 1964 and completely renovated in 2022, the property boasts a prime location on a high-traffic thoroughfare (17,370 cars daily), offering excellent visibility and accessibility. The single-story building sits on a 0.16-acre lot and is zoned for flexible use, permitting retail, office, and even car sales, as per the City of Fort Worth zoning chart (F-Moderate Intensity Comm). The asking price is $260,000, representing a price per square foot of $173.33 and a projected cap rate of 6.92%. Its proximity to Downtown Fort Worth provides stunning downtown views and access to a thriving urban environment currently undergoing revitalization. This NNN-leased property offers a blend of historical charm and modern functionality, making it an ideal investment for those seeking a strong return in a rapidly developing area. The property's recent renovation ensures immediate occupancy and minimal capital expenditure requirements. This is a rare opportunity to acquire a well-positioned, versatile commercial property in a dynamic Fort Worth location.