416 E Kennedale Parkway, Kennedale, Texas 76060

$1,050,000
List Price
$1,050,000
MLS#
20645717
Status
ACTIVE
Type
Commercial
Year Built
1981
Construction Status
Preowned
Acres
0.45
County
Tarrant
City
Kennedale
Subdivision
Boaz Ca Sub Of J B Renfro

Property Description

Thinking of investing in commercial real estate in a rapidly growing and improving area? Here is a rare opportunity to own a commercial building right off Kennedale Parkway, just half a mile from Kennedale Town Center. Currently used as an auto repair shop, this property has been grandfathered in despite zoning changes and can remain as such, or it can be transformed into a restaurant, retail space, office space—the possibilities are endless. The building sits on .44 acres and features 7 bays, an office area, and restrooms. With ample parking in the front and additional space in the back currently used for extra cars, this property is well-equipped for various business needs. In 2016, the owner invested over $200,000 in renovations. Six bays and the office are currently rented, offering an immediate income opportunity.

Additional Information

Unexempt Taxes
$8,470
Tenant Pays
Other
Lot Size
19,384
Acres
0.45
Subdivided
No
Flooring
Concrete
Foundation
Slab
Roof
Metal, Other
Building Stories
1
Walls
Metal, Paneling
Ceiling Height Type
8 to10 Feet, 11 to 14 Feet
Street Utilities
City Sewer, City Water, Overhead Utilities
Heating Cooling
None
Construction Material
Metal Siding
Parking Garage
Additional Parking, Open, Parking Lot
Road Frontage Desc
City Street, Curbs/Gutters
Possession
Lease Outstanding, Negotiable
Building Sq. Ft.
3612
Number of units
2
Building Use
Automotive, Industrial, Office, Retail, Storage Warehouse
Zoning
Auto Care-Repair Garage Zoned OT-4 (Old Town 4) Old Town Mixed Use District Grandfathered Body Shop Future Zoning includes: Retail, Restaurants, Service, Offices
Possession
Lease Outstanding, Negotiable

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Starria Mclaughlin from OnDemand Realty. Contact: 817-721-4589