For Sale
$875,000

2521 7Th St Bay City, TX 77414

Fully occupied, high-visibility retail center.

Overview

Added:
Dec 11, 2024
Days on market:
131
This 9,000 square foot, fully occupied shopping center in Bay City, Texas, presents a compelling investment opportunity. Located at 2521 7th St, this Class B property boasts four tenants: TruMed Pharmacy, True Goddess Spa, Insurance Aseguranza, and Metro PCS. The center enjoys 100% occupancy as of August 24, 2023, with a gross lease structure and franchisee tenants. Built in 1985 on a 14,000 square foot lot, the single-story building benefits from a prime location across the street from HEB and Lil Caesars, ensuring high traffic and visibility. The asking price is $875,000, translating to $97.22 per square foot. The property features a permitted zoning of 3 and offers potential for rent increases. Financial information is available upon request. This is a 100% ownership opportunity with no ground lease. The property's APN is 46901. This is a multi-tenant retail investment property in Matagorda County, Texas, with excellent potential for future growth.

Highlights

  • Income-producing commercial strip center.
  • Fully occupied with stable tenants.
  • High visibility from major highway.
  • Excellent location across from HEB and Lil Caesar's.

Property Details for 2521 7Th St

Property type
Lifestyle centers, Power centers
Square Feet
9,000 SF
Class
B
Year Built
1985
Buildings
1
Stories
1
Units
4

Location Insight

City
Bay City
County
Matagorda
State
Texas
Latitude
28.983218651014
Longitude
-95.959544601759

FAQs

What type of property is this?
Lifestyle center - Fully occupied, high-visibility retail center.
Where is the lifestyle center located?
The property is located at 2521 7Th St Bay City, TX.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Income-producing commercial strip center.; Fully occupied with stable tenants.; High visibility from major highway.
How can I contact the broker?
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2521 7Th St
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