694 Forrest St Beaumont, TX 77701
- Medical offices
- 4,500 SF
- 0.60 lot acres
Current Use by Public Records
- Chargois Communications Group / Website Designer
Property Details for 694 Forrest St
- Year built
- 1899
- Lot size
- 0.60 lot acres
- Property size
- 4,500 SF
- Property type
- Medical offices
Description
This stunning 1899 historical landmark, the Holmes Duke House, presents a unique investment opportunity in Beaumont, Texas. The 4,500 square foot building, classified as Class B, sits on a 0.6-acre lot and boasts a blend of architectural styles including Queen Anne and Colonial Revival influences. Currently configured as a mixed-use property, the building features four ground-floor office spaces, each retaining its original, unique wallpaper. Upstairs, a converted apartment with a full kitchen, laundry room, and bathroom offers additional income potential or the possibility of creating a bed and breakfast. The property includes six parking spaces within a secure gated area. The building is currently 50% occupied, offering immediate income and significant upside potential. The property is zoned GCMD and comprises one two-story building with two units. This is a rare chance to own a piece of Beaumont's history with substantial income-generating potential. The asking price is $325,000, with a price per square foot of $72.22. The property's prominent features include two semi-circular bays flanking the front door, a projecting gable adorned with sunburst motifs, and columns arranged in groups at each corner of the porch. The side gables showcase distinctive fish-scale shingling. This exceptional property offers a compelling blend of historical charm and modern income-generating potential.
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
- Beaumont
- County
- Jefferson
- State
- Texas
- Longitude
- -94.10578286122
- Latitude
- 30.087901324424
