OFF MARKET COMMERCIAL BUILDING FOR SALE (Houston, TX)

OFF MARKET COMMERCIAL BUILDING FOR SALE

Off Market Commercial Property for Sale Business Investment Opportunity in Beaumont TX.Ideal use for a Bank Church Reception Hall Offices Classrooms or Medical Facilities.PROPERTY FACTS -Property Class COMMERCIAL Property -Type Store Office (mixed use)-Building Area 4 430 SqFt.-Living Area 4 430 SqFt.-Gross Area 4 430 SqFt-Lot Width 113-Lot Depth 140-Lot Size 0.363 acres-Lot Area 15 81SqFt.-Year Built 1978ASKING PRICE 150KPlease do your due diligence property SOLD AS IS Estimated Repairs 70K Estimated repairs on the roof- 55-60K. The walkway needs to be demod small sheetrock job in the kitchen area and any updating buyer wants to do. Basically about 70k repairs. Tax values at 200k but it ll go up depending on what the buyer does. FYI we can finance the work if the buyer does not want to roll it in the loan. There re cheaper ways to do the roof but we can t do it and warranty the work if it s not a complete replacement restoration. HVAC System The outside units were replaced about 3 years ago. With a business the rents really vary based on what you decide to do with it. The area averages 2 to 4k for functionally obsolete properties. If you return it to its former glory 4 to 5k is definitely attainable. Since it was a church previous monthly payments were just electrical and insurance. About 500 depending on usage policy...no taxes but depending which type of entity is used to pick it up the buyer may have to pay out the remaining year balance. Please click on the link to view pictures- s albums.acculynx.com 39310039c5c7 This is an Assignment of Contract5 000 EMD paid directly to the title company.SOLD AS IS Please do your due diligence.