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505 Washington St Kaufman, TX 75142

Prime Location, Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
134
This 3,654 square foot, two-story commercial building in Kaufman, Texas, presents a compelling value-add investment opportunity. Located on a prominent hard corner lot (0.31 acres) within the Downtown District (APN 24146), this Class C property boasts a versatile history, having previously served as a dental office and retail storefront. Built in 1925, the building currently features multiple private offices, two full kitchens, and two bathrooms. The property is being sold as-is, with a current tenant occupying the second floor who can be vacated by closing. The permitted zoning allows for a variety of uses, making it ideal for an investor seeking to renovate and reposition this unique property. Seller financing is available. This is a rare chance to acquire a substantial commercial property in a thriving downtown area. The property's size and location offer significant potential for future growth and income. The building's existing infrastructure provides a solid foundation for a variety of redevelopment scenarios. This is a truly unique opportunity to acquire a piece of Kaufman's history and shape its future.

Highlights

  • Investment Opportunity: Commercial Property in Downtown Kaufman
  • 3,654 Square Foot Office/Retail Building
  • High-Visibility Corner Lot
  • Prime Downtown Kaufman Location
  • Seller Financing Offered

Property Details for 505 Washington St

Property type
Retail properties, Office properties
Square Feet
3,654 SF
Class
C
Year Built
1925
Stories
2
Lot Size (sq. ft)
13,504 SF

Location Insight

City
Kaufman
County
Kaufman
State
Texas
Latitude
32.586033377505
Longitude
-96.309060988409

FAQs

What type of property is this?
Retail property - Prime Location, Value-Add Opportunity
Where is the retail property located?
The property is located at 505 Washington St Kaufman, TX.
What are key features of this property?
This property features: Investment Opportunity: Commercial Property in Downtown Kaufman; 3,654 Square Foot Office/Retail Building; High-Visibility Corner Lot
How can I contact the broker?
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505 Washington St
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