AVAILABILITY DETAILS
- Size
- 3,186 SF
- Price/SF
-
Show Pricing $
- Listing ID
- SA386107
- Notes
- Hello
We are excited to share with you a new property with you, it is in Slaton Tx and we are motivated.
The building is a deep red brick exterior, and looks similar to the flat iron building in New York City. County records has it at 2748 square feet, but they are not counting the private garage that is located on the backside of the building.
So it does need significant work, from floors to windows and a new roof. it has been vacant for several years and we had a contractor go in to spruce it up to make it sale ready and unfortunately left with the money and no work completed. We have had a couple of contractors go in but all come back with higher numbers and immediately try to buy the building from us. Our hope is that we can get an accurate estimate soon.
On to the good news, the possibilities are endless, from retail, medical, housing, and even office. The most popular idea is to have the 2nd level as apartments and keep the lower level for retail shops or casual service, such as sandwich shops since there are no clear spot for lunch in the area.. Texas ave is the main st for Slaton and is only 13 minutes away from Lubbock Tx, so we can easily reach out to folks in Lubbock as well.
We are motivated to sell and the price reflects that as well, for only $25,000 CASH, we are paying 6% commission to any realtor that brings us a buyer. OR $22K CASH with no realtor and Investor paying all closing costs. $1K non refundable deposit locks the deal up and if interested, move on this quickly as we are marketing out to multiple regional and national chains as well.
Great News. We have now added an Owner Finance option to the commercial building 180 Texas Ave, in Slaton Tx with a 10/10/10 program at $39,900. 10% down with 10% interest rate, and amortized for 10 years. so we would have $4K down with payments around $668.91 per month to include taxes and insurance which can vary a bit then my estimate.
Please feel free to contact me with any questions you may have.
Call today to get this locked in and take advantage of easy terms.
- Uses
- Industrial
Warehouse
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.
Listing provided courtesy of
Ralph Perez, Buy My Texas House