1119 Central FwyWichita Falls, TX 76306

Property Details for 1119 Central Fwy

Year built

1970

Construction

CONCRETE BLOCKS

Lot size

1.50 AC

Property size (Sq ft)

11,880 SF

Property type

Sports & entertainment properties

Property subtype

Theaters & concert halls

APN

2123 002 00

APU

212300200

Description

This exceptional 11,880-square-foot mixed-use property, situated on a 1.5-acre lot in Wichita Falls, Texas, presents a remarkable investment opportunity. Located directly on Central East Freeway, this Class B building boasts high visibility and significant traffic flow. Currently operating as an event center, the property's General Commercial (GC) zoning allows for a wide array of commercial uses, including retail, office, medical, restaurant, entertainment, fitness, daycare, warehouse, automotive, or even a church. The single-story building offers ample space, with numerous parking spaces conveniently located at the rear. The property's size allows for potential expansion, catering to future growth needs. The asking price is $650,000. This prime location and versatile zoning make it an ideal choice for entrepreneurs and investors seeking a high-impact commercial space in a thriving Texas market. Buyers are responsible for verifying all zoning and permitted uses with the City of Wichita Falls. The property is owner-occupied.

• Alternative Use

  Use

  Valuation

  Residential

  $2,560,040

  Hospitality

  $2,344,983

  Educational

  $1,950,998

  Medical

  $2,018,096

  Retail

  $3,034,886

Location Insight

City

Wichita Falls

County

Wichita

State

Texas

Latitude

33.9333

Longitude

-98.5156

CBSA code

48660

CBSA name

WICHITA FALLS, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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