2802 Washington StGreenville, TX 75401
- Other commercial real estate
- 7,520 SF
Property Details for 2802 Washington St
- Year built
- 1953
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.08 AC
- Property size (Sq ft)
- 7,520 SF
- Property type
- Other commercial real estate
- APN
- 4385-2000-0120-41
- APU
- 43852000012041
Description
This exceptional mixed-use investment property presents a rare opportunity to acquire two historic buildings in the heart of downtown Greenville, Texas. Located at 2802 & 2808 Washington Street, this prime location sits directly across from City Hall and the Post Office, offering unparalleled visibility and accessibility. The property comprises 12,008 square feet across two buildings, presenting a compelling redevelopment project. One building, constructed in 1953, offers 7,520 square feet with 3,760 square feet per floor, while the second, built in 1948, provides an additional 4,488 square feet. Currently vacant, this property is ready for complete renovation to suit a variety of uses, including creative office space, parking, and even entertainment venues. The property's strategic location near the Greenville Municipal Auditorium makes it ideal for nightlife establishments. The asking price is $419,900, translating to an attractive price per square foot of under $35. Local, state, and federal incentives may be available, further enhancing the investment potential. This is a unique chance to own a high-profile building in a thriving Texas city. The property is zoned for mixed-use and offers significant upside for the right buyer. The two-story and single-story buildings present a unique architectural opportunity for a creative developer.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,895,602
- Hospitality
- $1,736,361
- Educational
- $1,444,632
- Medical
- $1,494,315
- Retail
- $2,247,206
Location Insight
- City
- Greenville
- County
- Hunt
- State
- Texas
- Latitude
- 33.1393
- Longitude
- -96.1091
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- 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.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].