For Sale
$265,000

214 Ahldag Ave Wharton, TX 77488

High-return office building, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
135
This single-story, 1984-built office building at 214 W Ahldag Ave, Wharton, TX 77488, presents a compelling investment opportunity. The property boasts 1,000 square feet of traditional office space, currently leased at $1,800 per month, with a lease expiration date of September 30, 2025 (approximately 0.9 years remaining). The building features ten parking spaces, including handicap-accessible parking and ramps. Significant upgrades have been implemented, including a new air conditioning system, bulletproof glass, an additional restroom plumbed for a tub/shower, updated gas lines, power and manual storm window covers, a security system, security bars on windows, and police panic buttons. A shed provides additional storage. The property offers a 0.68% cap rate and a net operating income (NOI) of $1,800. This well-maintained building presents endless possibilities for a variety of uses, making it an attractive investment for those seeking a stable, income-generating property in Wharton County, Texas. The property is situated in Wharton, TX, zip code 77488.

Highlights

  • $1,800 monthly rent.
  • Lease expires in approximately 13 months.

Property Details for 214 Ahldag Ave

Property type
Office properties
Year Built
1984
Buildings
1
Stories
1
Units
1

Location Insight

City
Wharton
County
Wharton
State
Texas
Latitude
29.3315634
Longitude
-96.0938614

FAQs

What type of property is this?
Office property - High-return office building, 100% occupied.
Where is the office property located?
The property is located at 214 Ahldag Ave Wharton, TX.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: $1,800 monthly rent.; Lease expires in approximately 13 months.;
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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214 Ahldag Ave
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