For Sale
$1,680,000

118 Shenandoah DrShenandoah, TX 77381

Prime Shenandoah location, high-traffic area.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional mixed-use property, located at 118 Shenandoah Dr, Shenandoah, TX 77381, presents a compelling investment opportunity. The 5,600 square foot building, constructed in 1979, sits on a 0.52-acre lot and is zoned for mixed use, allowing for diverse operational possibilities. Currently configured as a multi-tenant property, it features five units within a single-story building. One tenant currently occupies 1,850 square feet, leaving 3,750 square feet available for lease or owner-occupancy. The property's classification is Class C. The convenient location offers excellent visibility and accessibility, only a short distance from I-45, ensuring high traffic flow and potential for strong tenant occupancy. With 7.43 parking spaces per 1,000 square feet, ample parking is available for tenants and customers. The net rentable space totals 1,850 square feet. This owner/user investment is ideal for those seeking a versatile property with immediate income potential and significant upside. The property's adaptability to various business types, combined with its strategic location and ample parking, makes it an attractive proposition for both investors and owner-occupiers. The asking price for this unique opportunity is $1,680,000.

Highlights

  • 1850 square feet of leasable space available.
  • One existing tenant occupies multiple suites.
  • Excellent investment opportunity.

Property Details for 118 Shenandoah Dr

Property type
Lifestyle centers, Power centers
Square Feet
5,600 SF
Class
C
Year Built
1979
Buildings
1
Stories
1
Lot Size (sq. ft)
22,651 SF
Units
5

Location Insight

City
Shenandoah
County
Montgomery
State
Texas
Latitude
30.181075825179
Longitude
-95.453394227595
118 Shenandoah Dr, Shenandoah, Texas

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118 Shenandoah Dr
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