520 Walnut St Columbus, TX 78934-2348
- Commercial real estate
- 4,225 SF
- 0.16 lot acres
Current Use by Public Records
- Joanne Klauber Aromatherapy / Aromatherapy Service
Property Details for 520 Walnut St
- Year built
- 1910
- Lot size
- 0.16 lot acres
- Property size
- 4,225 SF
- Property type
- Commercial real estate
- APN
- 1062000900220
- APU
- 1062000900220
Description
This exceptional investment opportunity presents a prime 5,325 square foot restaurant property in vibrant downtown Columbus, Texas. Located on Walnut Street, within the burgeoning "Artist Alley," this property enjoys high visibility and foot traffic. The two-building complex, constructed in 1910 and 1978, features three units, offering multiple income streams or expansion potential. The historic brick building boasts a dedicated parking lot, a rare amenity in this desirable location. Its strategic position near established businesses—including a brewery, creamery, saloon, boutique, and building supply store—and proximity to the historic town square ensures consistent customer flow. The 0.27-acre lot also includes a third building, which could be repurposed as additional rental space or removed to expand parking. This property is priced at $595,000, with a price per square foot of $111.74, representing a significant opportunity for growth in a rapidly developing area within the triangle of Houston, Austin, and San Antonio along the I-10 corridor. The property's location and features make it an ideal investment for both seasoned investors and ambitious entrepreneurs seeking a thriving community with strong local business support. This is a chance to capitalize on the dynamic energy of downtown Columbus and become part of its rich cultural heritage.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Colorado
- State
- Texas
- Longitude
- -96.5413
- Latitude
- 29.7068
