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$415,000 For Sale

114 N Washington Street
Kaufman, TX 75142

6 units |

lot: 3441 sq ft
Commercial: Sale - MLS# 13919599
Property Photo
1/23

Description

REDUCED 20K!!! OWNER FINANCING AVAILABLE!!! MOTIVATED!!! Historic town square bank building built in 1900. 2 story, 6 unit, 100% occupied, mixed use commercial building. Catering event center downstairs with catering kitchen, leased by successful events venue 'Magnolias.' 2 second story units leased as 'Bride' and 'Groom' suites and storage. 2nd floor corner office currently leased by insurance company. Finally a 2nd floor residential 2 bedroom, 1 bath apartment which is also currently leased. Current rental income $5, 100 mo. 40 minutes from Dallas makes this a prime rural cash flowing property. CALL NOW!!!

Features

  • Area: KAUFMAN COUNTY (35), KAUFMAN COUNTY (1)
  • Building Area Source: Tax
  • Building Use: Food Service, Office, Other, Restaurant
  • Ceiling Height: 11 To 14 Feet, More Than 20 Feet
  • Commercial Features: Fire Alarm, Fire Sprinklers, Floor Drains, Inside Storage, Living Areas, Open Span, Security Lightin
  • Construction Materials: Brick, Concrete
  • Construction Materials Walls: Brick, Cement
  • County/Area: Kaufman County
  • Flooring: Ceramic Tile, Other, Wood
  • Foundation Details: Slab
  • Gross Annual Expenses: 20000
  • Gross Annual Income: 60000
  • Heating: Central Air-Elec, Central Heat-Elec, Zoned
  • Inclusions: Building Only, Other
  • Income Expense Source: Owner
  • Listing Status: Active
  • Lot Number: 1
  • Lot Size: Less Than .5 Acre (Not Zero)
  • Lot Size Area SQFT: 3441.24
  • Lot Size Source: Tax
  • Lot Size Units: Acres
  • Net Annual Income: 40000
  • Number Of Leaseable Spaces: 6
  • Number Of Spaces Leased: 6
  • Occupancy Rate: 100
  • Owner Pays: Other, Water/Sewer/Trash
  • Parking Features: Front, On Street, Open, Rear, Side, Unassigned Spaces, Uncovered
  • Property Type: Commercial
  • Road Frontage: Concrete, Curbs/Gutters, Sidewalk Ft.
  • Roofing: Built-Up
  • Security Features: Burglar, Carbon Monoxide Detector, Exterior Security Light(S), Fire Sprinkler System, Fire/Smoke, Mo
  • SQFT Building: 5800
  • SQFT Gross: 5800
  • SQFT Leasable: 5800
  • Stories: 2
  • Sub Type: Sale
  • Subdivision: Kaufman Original
  • Subdivision/Neighborhood: Kaufman Original
  • Tenant Pays: Alarm Monitor Fee, Electric, Gas, Renters Insurance
  • Units: 6
  • Utilities: Alley, City Sewer, City Water, Concrete, Curbs
  • Year Built: 1900
  • Year Built Details: Preowned
  • Zip Code: 75142
  • Zoning: SFR

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