Conveniently Located in Downtown Tyler

Office for Sale
Catylist Listing ID: 30414717
Property Subtypes: Governmental, Institutional, Mixed Use, Flex Space, Office Building, Other
Building Size (RSF): 43,000 SF
Sale Price: $3,195,000
Unit Price: $74.30 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Building Name: Downtown CBD Office Building
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/8/2019

Overview / Comments

APPROX. 43,000 SF; 15,000 SF CLASS A OFFICE SPACE
2,500 SF GYM; 20,000 SF WAREHOUSE
5,000 SHELL RETAIL/OFFICE SPACE; 675 SF FREESTANDING OFFICE SPACE
100+ PARKING SPOTS; RENOVATED IN 2016
DBAC ZONING; LOADING DOCK
1 PASSENGER / 1 CARGO ELEVATOR
COVERED PARKING

Additional Details

Nearest MSA: Tyler
County: Smith
Taxing Authority: SCAD
Zoning: DBAC
Property Located Between: Broadway & Vine
Property Visibility: Good
Highway Access: Easy access to Hwy. 69, Hwy. 31 & Hwy.64
Area Description: Downtown CBD
Number of Stories: 2
Year Renovated: 2016
Roof Type: Flat
Construction/Siding: Brick, Metal/Glass, Metal Siding, Stucco
Parking Type: Surface
Parking Description: Ample open surface
Passenger Elevators: 1
Freight Elevators: 1
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,470 60,500 94,468
Median Age: 29.61 33.07 33.71
Households: 4,831 21,362 36,433

Contact

Photograph of Listing Agent

Matthew K Marshall

Drake Real Estate & Investments GTAR Commercial Member
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