For Sale
$1,170,000

408 15Th StCanyon, TX 79015

High-income potential, renovated building.

Overview

Added:
Feb 3
Days on market:
70
This exceptional 7800 square foot commercial property, situated on Canyon, Texas's historic square, presents a compelling investment opportunity. Previously operating as a hardware store for 48 years, the building has undergone significant renovations within the last decade. These improvements include a complete overhaul of the electrical system, a new HVAC system ensuring efficient climate control, and a durable TPO roof, minimizing future maintenance costs. The property is currently leased under a triple net lease arrangement, offering a stable stream of income for the investor. Canyon's historic square has experienced a revitalization, transforming into a thriving hub of activity. This vibrant area boasts a diverse range of businesses, including six restaurants, a coffee shop, a cake company, and numerous retail establishments, creating a high-traffic environment ideal for commercial success. The property's prime location and recent renovations make it an attractive option for both investors seeking strong lease income and business owners looking for a well-maintained space in a desirable location. The property's size and layout offer significant flexibility for a variety of commercial uses, capitalizing on the growing popularity of Canyon's historic square as a regional destination. This is a rare opportunity to acquire a well-maintained, income-producing property in a thriving Texas town. The property is offered at $1,170,000.

Property Details for 408 15Th St

Property type

Location Insight

City
Canyon
County
Randall
State
Texas
Latitude
34.97941
Longitude
-101.929
408 15Th St, Canyon, Texas

FAQs

What type of property is this?
Commercial real estate - High-income potential, renovated building.
Where is the commercial real estate located?
The property is located at 408 15Th St Canyon, TX.
What is the asking price?
The asking price for this property is $1,170,000.
How can I contact the broker?
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408 15Th St
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