832 W 7th Street Active Save Request In-Person Tour Request Virtual Tour
Dallas,TX 75208
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision George J Bryans Rev
MLS Listing ID 20255098
Total Fin. Sqft 1280
Year Built 1930
Annual Tax Amount $6,067
Lot Size 5,880 Sqft
Acres 0.135
Property Description
Fantastic 10% cap rate investment opportunity anchored by a well-established long term restaurant tenant and recently negotiated new lease. INVESTMENT OPPORTUNITY near the Bishop Arts District. Exceptional investment opportunity in the heart of one of the city's most charming & historic areas. The area attracts locals and tourists, ensuring consistent foot traffic and visibility. This popular dining spot is a staple in the Vegan community. The neighborhood is experiencing continued growth and revitalization, with new businesses and developments enhancing property values and attracting more visitors. Capitalize on the prime location, popularity, and charm of the neighborhood that continues to attract a diverse and affluent demographic. Take advantage of the area's ongoing growth and development potential for future appreciation. This is a rare opportunity to invest in a property that combines historic charm with modern amenities and a stable, long-term income stream.
Location
State TX
County Dallas
Zoning Residential Planned Development District
Direction From Bishop Arts District, drive west on 7th Street. Property will be located on the southside of the street.
Interior
Heating Central
Cooling Central Air
Flooring Other
Heat Source Central
Exterior
Utilities Available City Sewer,City Water,Curbs,Individual Gas Meter,Individual Water Meter
Roof Type Shingle
Parking Type On Street,Open
Garage No
Building
Foundation Pillar/Post/Pier
Structure Type Frame
Others
Ownership 832 W 7th Street LLC
Acceptable Financing 1031 Exchange,Cash,Conventional,Fixed,Lease Back
Listing Terms 1031 Exchange,Cash,Conventional,Fixed,Lease Back