$849,900
For Sale

2515 Commerce Street

Marble Falls, TX 78654
Browse 23 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

This is an excellent opportunity to own an income-producing commercial property with a strong lessee and long-term occupancy and payment history! This great property is being sold with a 'triple net' lease from current tenant, which has been in the building since 2002. The current lease renewal began in 11/22 and is for a period of five (5) years. The tenant has an option for two (2) more renewal periods of five years, with approximately 5% lease increases for these renewal periods. Approximately 1.75 acres total with Whitman Branch creek running through the undeveloped back half.

  • Property Details
      • Utility FeaturesElectricity Connected, Water Connected
      • School DistrictMarble Falls ISD
      • SubdivisionHi-Ridge Trails
      • Property SubtypeUnimprovedLand
      • ViewCreek Stream
      • Sewer InformationPublic Sewer
      • Elementary SchoolMarble Falls
      • Middle SchoolMarble Falls
      • High SchoolMarble Falls
      • Property TypePurchase
      • Original List Price$849,900
      • Taxes Annual$12,716
      • MLS #9749991
      • MLS #9749991
      • Acres1.7525
      • Utility SourcePublic
      • CountyBurnet
      • Cost849900
      • Lot DescriptionLevel
      • Days on Market (Cumulative)78

Location

9 Agents Online Now
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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