117 San Augustine St Center, TX 75935

This exceptional investment opportunity presents a newly renovated, 6,472 square foot Class A office complex situated on a prominent 0.1-acre lot in the heart of Center, TX. The property boasts a unique blend of contemporary and rustic architecture, reflecting a high standard of finish throughout. The building is zoned PD and offers a diverse range of income-generating spaces. The ground floor comprises 2,805 square feet of office space currently leased to a financial company under a triple-net (NNN) lease with a new 5-year term and over 4 years remaining. The lease generates $18.00 per square foot plus NNN expenses. Upstairs, a versatile 2,145 square foot space is ideal for a call center, event space, or large office, offering significant leasing potential or owner-occupancy. Adding to the property's income stream is a 1,415 square foot apartment currently leased for $1,500 per month on a new 3-year term. This multi-faceted property offers a compelling combination of stable income from existing leases and significant upside potential from the flexible upstairs space, making it an attractive investment in a desirable downtown location. The property's prime location on the square ensures high visibility and accessibility. This is a rare opportunity to acquire a high-quality, income-producing asset in a thriving Texas market. The asking price is $975,000.