408 15Th StCanyon, TX 79015

Property Details for 408 15Th St

Year built

1924

Property size (Sq ft)

7,800 SF

Property type

Office properties

Property subtype

Other retail properties

Description

This 7,800 square foot storefront, located at 408 15th St in Canyon, Texas (79015), presents a unique investment opportunity. The property, formerly a hardware store for 48 years, boasts a prime location on the historic Canyon Square, a thriving retail destination in the Texas Panhandle. The building, constructed in 1924 and renovated in 1980, features a versatile layout suitable for various retail concepts. Recent improvements include new electrical systems, HVAC, and a TPO roof. The property is zoned for retail use and offers excellent visibility and foot traffic on 15th Street. With ample parking and proximity to other businesses, including six restaurants, a coffee shop, and a cake company, this single-unit, fee-simple property offers strong lease income potential or an ideal location for a new or relocating business. The 7,800 square foot lot offers a land value of $8 per square foot. The asking price is $1,170,000, translating to $150 per square foot. This Class C building is currently vacant and presents a chance to capitalize on the bustling Canyon area's growth. The property's strong street presence and opportunities for prominent signage further enhance its investment appeal.

Location Insight

City

Canyon

County

Randall

State

Texas

Latitude

34.9794

Longitude

-101.929

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