TX > Dallas > George J Bryans Rev
Dallas, TX 75208,832 W 7th Street
Dallas, TX 75208,832 W 7th Street
Dallas, TX 75208,832 W 7th Street
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Ashton Cherry

Ashton Cherry

+1(469) 925-8831
$599,000
Est. payment /mo
5,880 Sqft Lot
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UPDATED:

09/04/2024 09:42 PM

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

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
©2024 North Texas Real Estate Information Systems.
Listed by Decarla Anderson • Dave Perry Miller Real Estate

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Ashton Cherry

Owner & Associate Broker | License ID: 0619201

+1(469) 925-8831

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832 W 7th Street