501 3Rd StBig Spring, TX 79720

  • Commercial real estate
  • 7,425 SF
For Sale
$449,999 View listing

Property Details for 501 3Rd St

Year built
1959
Lot size
0.21 AC
Property size (Sq ft)
7,425 SF
Property type
Commercial real estate
APN
284912
APU
284912

Description

This exceptional mixed-use property, located at 501 E 3rd St, Big Spring, Texas 79720, presents a unique investment opportunity. The 1,980 square foot building is currently configured as a restaurant, offering immediate income potential. Recent upgrades include a complete overhaul of the HVAC, electrical, and plumbing systems, ensuring efficient and cost-effective operation. The asking price is $449,999, translating to $227.27 per square foot. Situated in Howard County, this prime location offers excellent visibility and accessibility. The property's mixed-use zoning allows for diverse operational possibilities beyond its current restaurant configuration, making it an attractive prospect for a variety of businesses. The building's solid infrastructure and recent renovations minimize upfront capital expenditures, allowing for a swift and seamless transition for new ownership. This turnkey operation is ready for immediate occupancy and offers a strong return on investment. Detailed financial information is available upon request. This is a rare opportunity to acquire a well-maintained, profitable business in a thriving Texas community.

Location Insight

City
Big Spring
County
Howard
State
Texas
Latitude
32.2546
Longitude
-101.472
CBSA code
13700
CBSA name
BIG SPRING, TX MICROPOLITAN STATISTICAL AREA

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
$2,911
$20,250
$84,063
$104,313
-
$20,250
$84,063
$104,313

FAQs

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