UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 4,158 sqft
Price per Sqft $228
Subdivision Wasser Addition
MLS Listing ID 20858901
HOA Y/N No
Year Built 1980
Lot Size 0.820 Acres
Acres 0.82
Property Sub-Type Business
Property Description
The property currently includes two retail buildings with three long-term tenants, providing immediate income while a future owner plans redevelopment or repositioning. Leases are month-to-month, offering flexibility for a buyer to adjust rents, renew tenants, or pursue a new development strategy.
While the existing improvements provide cash flow, the true value lies in the land and its strategic location along one of Azle's primary commercial corridors. With additional unused land and strong surrounding residential density, the property presents a compelling value-add opportunity for investors looking to increase income or redevelop the site.
Opportunities like this—combining existing income, redevelopment potential, and a prime location near schools and growing residential areas—are rare in the rapidly expanding Azle market.
Location
State TX
County Tarrant
Community Curbs
Zoning Heavy Commercial
Direction Please use GPS
Interior
Heating Central
Cooling Central Air
Flooring Combination
Inclusions Land & Improvements
Fireplace No
Exterior
Parking Features Aggregate, Asphalt, Concrete
Community Features Curbs
Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Sewer Available, Water Available
Water Access Desc Public
Roof Type Asphalt,Metal
Road Frontage Farm to Market Road
Building
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 07345879
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20858901
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