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101, 103, 105 E Center Street

Lorena, TX 76655
  • $1,200,000
  • STATUS: Active
  • ON SITE: 170 Days
  • MLS #: 220252
$1,200,000
  • 0
    BEDS
  • 0.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,481
    SQFT
  • $141
    $/SQFT
Type:
Commercial
County:
Area:

School Ratings & Info

School District:

Description

BACK ON THE MARKET. Buyers backed out on the day of closing. Prime Commercial Property with currently rented residential area, rented loft area, office space and retail space. Priced below May 2024 appraisal value. Discover an exceptional opportunity with this expansive commercial property spanning over 8000 square feet in the heart of downtown Lorena, where growth meets opportunity. This Prime Commercial Property with currently rented residential area, rented loft area, office space and retail space is a rare find.Key Features:Size: Over 8000 square feet of adaptable space, perfectly suited for retail, office, or mixed-use development.Location: Positioned in the heart of downtown Lorena.Residential/Rental Homes: Included are two well-appointed rental homes, each designed for comfort and style, providing an additional revenue stream that enhances the property's investment potential. One 2/bedroom, 2/bath with 2 car garage, glassed in porch, kitchen, laundry room and fenced in backyard with pool. One 2 bedroom/1 bath loft with kitchen & laundry room.Income Potential: The two homes generate substantial rental income, offering a steady revenue stream.Investment Opportunity: Ideal for investors seeking a robust return on investment in a burgeoning real estate market.Community: Located in a vibrant community known for its growth.This rare offering presents an unparalleled chance to acquire a substantial commercial property with built-in income from rental homes, poised to support various business ventures while providing a secure investment for the future. Don't miss out! Call today to arrange a showing as this property is PRICED TO SELL.

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Provided Courtesy Of Waco Association of REALTORS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or A.G. Real Estate & Associates. Copyright © 2024 Waco Association of REALTORS, Inc. All Rights Reserved. Data last updated 2024-07-15T00:17:54.753.
www.thewacohomefinder.com/homes/146962020
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101, 103, 105 E Center Street Lorena, TX 76655

  • Price: $1,200,000
  • Status: Active
  • On Site: 170 Days
  • MLS #: 220252
0
Beds
0
Baths
0
½ Baths
0.32
Acres
8,481
SQFT
$141
$/SQFT
County:
Mclennan
Area:
Lorena
School District:
Lorena ISD
Property Description
BACK ON THE MARKET. Buyers backed out on the day of closing. Prime Commercial Property with currently rented residential area, rented loft area, office space and retail space. Priced below May 2024 appraisal value. Discover an exceptional opportunity with this expansive commercial property spanning over 8000 square feet in the heart of downtown Lorena, where growth meets opportunity. This Prime Commercial Property with currently rented residential area, rented loft area, office space and retail space is a rare find.Key Features:Size: Over 8000 square feet of adaptable space, perfectly suited for retail, office, or mixed-use development.Location: Positioned in the heart of downtown Lorena.Residential/Rental Homes: Included are two well-appointed rental homes, each designed for comfort and style, providing an additional revenue stream that enhances the property's investment potential. One 2/bedroom, 2/bath with 2 car garage, glassed in porch, kitchen, laundry room and fenced in backyard with pool. One 2 bedroom/1 bath loft with kitchen & laundry room.Income Potential: The two homes generate substantial rental income, offering a steady revenue stream.Investment Opportunity: Ideal for investors seeking a robust return on investment in a burgeoning real estate market.Community: Located in a vibrant community known for its growth.This rare offering presents an unparalleled chance to acquire a substantial commercial property with built-in income from rental homes, poised to support various business ventures while providing a secure investment for the future. Don't miss out! Call today to arrange a showing as this property is PRICED TO SELL.
Exterior Features

Construction Materials BlockConcrete Lot Features Corner Lot Parking Features OtherOn StreetSee Remarks Road Frontage Type City Street Roof Composition Waterfront YN No

Interior Features

Cooling Central AirElectricGasWindow Unit(s) Cooling YN Yes Heating Central Heating YN Yes

Property Features

Building Area Source Appraiser Business Type Retail Lease Considered YN No Occupant Type Owner Possession Close Of Escrow Property Sub Type Other Sewer Public Sewer Stories 2 Tax Annual Amount 2047.05 Tax Year 2023 Tenant Pays ElectricityGasWater Utilities Electricity AvailableNatural Gas AvailablePhone AvailableTrash CollectionWater AvailableSewer Available Water Source Public Zoning C

Listing courtesy of Patricia Meadows of Graceland Real Estate: (254) 772-7788.


Provided Courtesy Of Waco Association of REALTORS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or A.G. Real Estate & Associates. Copyright © 2024 Waco Association of REALTORS, Inc. All Rights Reserved. Data last updated 2024-07-15T00:17:54.753.
 
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A.G. Real Estate & Associates
15190 Badger Ranch Unit 103
Waco TX, 76712