For Sale
$1,290,000

206 Elm StLewisville, TX 75057

Prime Office Building, 6,146 SF, 100% Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 6,146-square-foot freestanding office building in Lewisville, Texas, presents a unique owner-user investment opportunity. Located at 206 Elm St, in Denton County, zip code 75057, this single-story, 1985-built property sits on a 0.45-acre lot and is zoned for General Business use. The building features four individual units, currently boasting 100% occupancy. The current owner occupies 3,184 square feet, while the remaining 2,962 square feet are leased under short-term agreements (12-18 months). This provides immediate lease income for the new owner. The building's design allows for flexibility, making it suitable for a variety of business needs. The seller is open to a lease-back arrangement, providing an attractive option for investors seeking a pure investment property without immediate occupancy needs. This property offers a compelling combination of immediate income and long-term potential in a thriving Texas market. The asking price is $1,290,000. This is a rare opportunity to acquire a well-maintained, fully occupied office building in a desirable location. The property's strong occupancy rate and short-term leases offer immediate cash flow and the potential for increased rental income in the future. Don't miss this chance to own a piece of Lewisville's commercial real estate market.

Property Details for 206 Elm St

Property type
Office properties
Square Feet
6,146 SF
Year Built
1985
Buildings
1
Stories
1
Lot Size (sq. ft)
19,602 SF
Units
4

Location Insight

City
Lewisville
County
Denton
State
Texas
Latitude
33.0450473
Longitude
-96.9968939
206 Elm St, Lewisville, Texas

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206 Elm St
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