$1,500,000 $8,517 est/mo Sourced by Back At You

603 W Cotton Street,Longview, TX 75604

Longview TX, 75604

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Description

Rare value-add investment opportunity located in the heart of Longview, TX. Main building (27,104sf) is leased to a strong regional tenant. Secondary building (4,383sf) is vacant and can be leased for additional income, or occupied by an owner operator. Prominent location on the hard corner of Cotton Street & Spur 63. Tenant's HQ location is also for sale at 2850 S SW Loop 323, Tyler, TX. Contact broker for additional information. Main Building: 27,104sf & 7 grade-level doors. Secondary Building: 4,383sf. Tenant is AVCO Roofing - a strong and established company in East Texas. New 10-year NNN lease. Ample parking. Excess Acreage.

Details

MLS#20594952
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1974
Days On Site51
Listing Provided ByDrake Real Estate & Investment | Matthew Marshall
Buying Commision3%

Features

SQ Feet31,487
Story(s)1
Units2
ZoningLight Industrial
Acreage6.77

All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.

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Learn More About This Property

StateTX
CountyGregg
CityLongview
Zip Code75604
AreaGregg
Community NameBUTTS W T SUR
Listing VS Median (in BUTTS W T SUR)
Price:
$1,500,000
low | high
Med:
$1,500,000
50% of Average
SqFt:
31,487
low | high
Med:
31,487
50% of Average
$ / SqFt:
$48
low | high
Med:
$48
50% of Average
On Site:
51
low | high
Med:
51.000000
100% of Average
Sourced by Back At You
Listing Updated: June 7, 2024 at 7:30:37 PM PDT