For Sale
$400,000

218 Sidnor St Alvin, TX 77511

Historic Alvin storefront, redevelopment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
138
This 4,963 square foot storefront, located at 218 W. Sidnor St, Alvin, TX 77511, presents a compelling redevelopment opportunity. The single-story, 1945-built Class C building sits on a 0.43-acre corner lot with commercial zoning. Currently operating as a feed store with 100% occupancy, the property is available for purchase at $400,000 ($80.60/sq ft). The current month-to-month lease expires October 30, 2023, offering immediate possession for redevelopment. The property boasts a current cap rate of 3.44% and a pro-forma cap rate of 4.30%, with a pro-forma NOI of $17,215. This historic building offers significant potential for a variety of commercial uses, benefiting from its high visibility corner location in a growing community. The substantial lot size allows for potential expansion or future development. All information is deemed reliable but should be independently verified.

Highlights

  • Month-to-month lease, providing immediate possession.
  • Ready for immediate renovations.
  • 1945-built, 4,963 sq ft building offering historic charm and potential for increased value.
  • Versatile property suitable for various commercial uses.
  • High-visibility corner lot in Alvin, TX.
  • Strong income potential for owner-occupancy or lease.

Property Details for 218 Sidnor St

Property type
Retail properties, Retail space
Square Feet
4,963 SF
Class
C
Year Built
1945
Buildings
1
Stories
1
Lot Size (sq. ft)
18,731 SF
Units
1

Location Insight

City
Alvin
County
Brazoria
State
Texas
Latitude
29.4231191
Longitude
-95.2457224

FAQs

What type of property is this?
Retail property - Historic Alvin storefront, redevelopment opportunity.
Where is the retail property located?
The property is located at 218 Sidnor St Alvin, TX.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Month-to-month lease, providing immediate possession.; Ready for immediate renovations.; 1945-built, 4,963 sq ft building offering historic charm and potential for increased value.
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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218 Sidnor St
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