UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 12,872 sqft
Price per Sqft $194
Subdivision Nnw
MLS Listing ID 20923577
Total Fin. Sqft 12872
Year Built 1986
Annual Tax Amount $8,733
Lot Size 0.333 Acres
Acres 0.333
Property Sub-Type Office
Property Description
Strategically positioned at 400 N 4th St, this commercial office building offers a stable investment with a multi-year tenant lease in place and multiple extension options, ensuring consistent income flow. Nestled in the heart of Wills Point, a thriving community in Van Zandt County, this property benefits from excellent connectivity via U.S. Highway 80, State Highway 64, and proximity to Interstate 20, making it a highly accessible commercial hub.
The office building features a well-designed layout with multiple office spaces, conference rooms, bathrooms, and a dedicated break room, providing functional workspaces for various business needs. Additionally, the second floor remains unfinished, presenting a lucrative opportunity to expand the rentable square footage another 3,060sq and further increase rental income potential.
Wills Point's charming downtown atmosphere is enhanced by its close proximity to popular restaurants, shopping, and local businesses, attracting consistent foot traffic and fostering a vibrant business environment.
Capitalize on this exceptional investment property with substantial income potential and a strategic location in a growing commercial corridor. Contact us today to explore this prime asset and its endless possibilities!
Location
State TX
County Van Zandt
Zoning B-3
Direction GPS: 400 N 4th StWills Point, TX 75169
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Carpet, Ceramic Tile, Linoleum, Luxury Vinyl Plank
Heat Source Central, Electric
Exterior
Utilities Available City Sewer, City Water
Roof Type Metal
Garage No
Building
Lot Description Interior Lot
Foundation Slab
Structure Type Brick,Metal Siding
Others
Ownership See Agent
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Aerial Photo
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20923577
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As a resident of the Lakewood/East Dallas community Marissa can provide personal insight into our neighborhood. As a native of Dallas, Marissa attended SMU to obtain her business degree from the Cox School of Business, after 10 years in corporate America her experience in negotiating with International firms transfers directly into her real estate business. High Integrity, honesty, and a passion for people make working with Marissa a delight. As a by-referral realtor Marissa is 100% committed to you and your real estate goals. Marissa has extensive sales knowledge in various areas of the metroplex including, but not limited to Lakewood, Preston Hollow, Park Cities, Hollywood Heights, M Streets, and Lake Highlands.