617 Main StMemphis, TX 79245

  • Commercial real estate
  • 3,575 SF
For Sale
$35,000 View listing

Property Details for 617 Main St

Year built
1986
Lot size
0.08 AC
Property size (Sq ft)
3,575 SF
Property type
Commercial real estate
APN
203407
APU
203407

Description

This exceptional commercial property, located at 617 W Main Street in downtown Memphis, Texas, presents a unique investment opportunity. Previously occupied by The Red River Sun newspaper (formerly the Hall County Herald), this building offers a blend of modern and historic features. The front section boasts a recent remodel, featuring a modern drop-down acoustic ceiling, creating a functional and updated workspace. In contrast, the rear portion retains its original tin ceiling tiles, largely in excellent condition, providing ample storage space with character. The property includes one restroom located at the rear. New city sidewalks enhance accessibility and curb appeal. The building's versatility allows for a range of uses, including office space, retail ventures, or cost-effective storage solutions. All square footage is as per the Harris County Appraisal District (HCAD). The property is being sold "As Is, Where Is," with all personal property removed before closing. Prospective buyers are strongly encouraged to conduct their own due diligence. The sale price is $35,000. The property sits on a 0-acre lot. Owner financing is not available, and the property is for sale only

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $559,547
    Hospitality
    $512,542
    Educational
    $426,429
    Medical
    $441,094
    Retail
    $663,334
617 Main St, Memphis, Texas

Location Insight

City
Memphis
County
Hall
State
Texas
Latitude
34.7256
Longitude
-100.538

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$516
$750
$11,780
$12,530
-
$750
$11,780
$12,530

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