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355 N 18th

Beaumont, TX 77707
  • $1,000,000
  • STATUS: Active
  • ON SITE: 25 Days
  • MLS #: 228443
UPDATED: 43 min ago
$1,000,000
  • 0
    BEDS
  • 0.86
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 26,096
    SQFT
  • $38
    $/SQFT
Neighborhood:
Type:
Commercial
Area:

School Ratings & Info

School District:

Description

INVESTMENT OPPORTUNITY!! Prime location behind the Saltgrass Restuarant with extra parking. This will be a value add investment opportunity. The interior has been fully gutted with many studs replaced. New water lines have been run. New electrical has been run. Originally a 24 unit complex, 6 of which were retail, has now begun the process of changing the plans to 8, 2 bedroom residential units and 4, 3 bedroom residential units. Great Cap rate potential after renovation and leasing or can convert to office spaces. Still work to be done on interior and exterior which means lots of potential! Contact your REALTOR for access and documentation on file. Will entertain any serious offers!

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© 2022 Beaumont Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Triangle Real Estate. The data relating to real estate for sale or lease on this web site comes in part from Beaumont Board of Realtors. Real estate listings held by brokerage firms other than Triangle Real Estate are marked with the broker reciprocity logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2022-05-23T09:01:25.17.
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355 N 18th Beaumont, TX 77707

  • Price: $1,000,000
  • Status: Active
  • On Site: 25 Days
  • Updated: 43 min ago
  • MLS #: 228443
0
Beds
0
Baths
0
½ Baths
0.86
Acres
26,096
SQFT
$38
$/SQFT
Neighborhood:
Jarrett
Area:
W Beaumont 3
School District:
Beaumont
Property Description
INVESTMENT OPPORTUNITY!! Prime location behind the Saltgrass Restuarant with extra parking. This will be a value add investment opportunity. The interior has been fully gutted with many studs replaced. New water lines have been run. New electrical has been run. Originally a 24 unit complex, 6 of which were retail, has now begun the process of changing the plans to 8, 2 bedroom residential units and 4, 3 bedroom residential units. Great Cap rate potential after renovation and leasing or can convert to office spaces. Still work to be done on interior and exterior which means lots of potential! Contact your REALTOR for access and documentation on file. Will entertain any serious offers!
Exterior Features

Construction FrameStucco Parking Facilities 31 Cars Or MoreOn SiteOn StreetParking LotPaved Area Road Surface AsphaltConcrete

Interior Features

Ceiling Heights 8 Ft.9 - 12 Ft. Cooling Central Electric Foundation Slab Heating Central Electric Restrooms Four Or More Stories Two Walls Sheetrock

Property Features

Age 21 - 30 Years Commercial Property Type Commercial Distance To Beaumont City Limits For Sale Or Rent For Sale Land Status Included in Sale Location Corner LotFreestandingFreeway Maintenance Fee Amount Na Miscellaneous FencingFire AlarmInside Storage Number Offices 24 Primary Business Use Office Sq Ft Source Appraiser Utilities Available City SewerCity WaterElectricMaster MeterSeparate MetersTelephone Will Sell CashConventional

Listing information © 2022 Beaumont Board of Realtors.
Listing provided courtesy of John Arcana of Re/Max One -- 9000010.



© 2022 Beaumont Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Triangle Real Estate. The data relating to real estate for sale or lease on this web site comes in part from Beaumont Board of Realtors. Real estate listings held by brokerage firms other than Triangle Real Estate are marked with the broker reciprocity logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2022-05-23T09:01:25.17.
 
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Triangle Real Estate
6755 Phelan Blvd., Ste 24J
Beaumont TX, 77706