628 7Th StCorsicana, TX 75110

Property Details for 628 7Th St

Year built

1984

Lot size

0.14 AC

Property size (Sq ft)

1,722 SF

Property type

Commercial real estate

APN

34449

APU

34449

Description

This exceptional investment opportunity presents two adjacent commercial buildings totaling 4,722 square feet on a 0.37-acre lot in the heart of Corsicana, Texas. The property is located at 628 & 632 S 7th Street and features two distinct structures currently occupied by a tenant under a lease agreement. One building, approximately 3,000 square feet, is ideally suited for retail use and currently operates as a motorcycle repair shop. This building boasts two 10x8 automatic side dock doors, enhancing its functionality and appeal. The second building, approximately 1,722 square feet, is currently used as a lawn equipment repair shop and offers versatile space suitable for warehouse or storage purposes. A significant advantage is the inclusion of a 50x75 foot lot situated behind the larger building, providing ample additional space for expansion, storage, or outdoor operations. The current tenant contributes a substantial monthly income of $2,261, making this a compelling investment with strong potential for future growth and return. The property's prime location and existing tenancy make it an attractive proposition for investors seeking a stable, income-generating asset in a thriving Texas market. The asking price for this combined property is $274,900.

• Alternative Use

  Use

  Valuation

  Residential

  $336,166

  Hospitality

  $307,926

  Educational

  $256,191

  Medical

  $265,002

  Retail

  $398,519

Location Insight

City

Corsicana

County

Navarro

State

Texas

Latitude

32.0907

Longitude

-96.4575

CBSA code

18620

CBSA name

CORSICANA, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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