2245 Main StFort Worth, TX 76164

Property Details for 2245 Main St

Year built

1910

Lot size

0.30 AC

Property size (Sq ft)

6,000 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

30000--165---11---20

APU

300001651120

Description

This exceptional retail property, located at 2245 N Main Street in Fort Worth, Texas, 76164, presents a unique investment opportunity. Built in 1910 and situated within the Stockyard Historical District, this single-story building offers 6,000 square feet of retail space divided into five individual suites. Currently, 2,500 square feet is available for lease, providing flexibility for a variety of retail concepts. The property boasts 24 parking spaces, a significant advantage in this vibrant area. The building's historical character is complemented by modern conveniences, although it does not include elevators. The zoning designation is Stockyard Historical District, offering potential for preservation tax credits and unique branding opportunities. This prime location on Main Street provides excellent visibility and accessibility, placing your business within easy reach of a bustling customer base. The available space is ideal for expansion or a new venture seeking a distinctive and well-established location in the heart of Fort Worth's historic Stockyards. With its rich history and prime location, this property offers a rare chance to establish a thriving business in a highly sought-after area.

• CAP approach

  CAP return

  Valuation

  6%

  $2,425,880

  6.5%

  $2,239,274

  7%

  $2,079,326

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,652,778

  Geo Method

  $4,526,777

• Alternative Use

  Use

  Valuation

  Residential

  $1,888,911

  Hospitality

  $1,730,232

  Educational

  $1,439,533

  Medical

  $1,489,041

  Retail

  $2,239,274

Location Insight

City

Fort Worth

County

Tarrant

State

Texas

Latitude

32.786

Longitude

-97.3496

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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