203 5Th StMidlothian, TX 76065

Property Details for 203 5Th St

Year built

1940

Lot size

0.16 AC

Property size (Sq ft)

1,572 SF

Property type

Commercial real estate

APN

54.2001.037.005.00.108

APU

54200103700500108

Description

This exceptional retail property, located at 203 S 5th Street in historic Midlothian, Texas, presents a compelling investment opportunity. Priced at $499,000, this single-tenant commercial property boasts a serene setting and a consistent monthly income stream, thanks to its current lease. The property is conveniently situated, easily accessible from W Avenue G and US-67. Simply take a left onto S 5th Street (US-67 Bus S), and the property will be on your right. The 0.158-acre lot features updated modern structures and ample commercial parking, ensuring both convenience and aesthetic appeal. The property's classification includes both Retail and Land designations, making it a versatile asset. Situated in Ellis County, with a 76065 zip code, this property benefits from its location in the heart of Midlothian's historic district. This is a rare chance to acquire a well-maintained, income-producing retail property in a desirable Texas location. The property is currently under lease, providing immediate return on investment. The property's strong location and modern amenities make it an attractive proposition for investors seeking a stable and profitable addition to their portfolio. This is a turnkey opportunity to own a piece of Midlothian's thriving commercial landscape.

• Alternative Use

  Use

  Valuation

  Residential

  $306,883

  Hospitality

  $281,103

  Educational

  $233,875

  Medical

  $241,918

  Retail

  $363,805

Location Insight

City

Midlothian

County

Ellis

State

Texas

Latitude

32.4809

Longitude

-96.998

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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