2515 Commerce Street
Marble Falls, TX 78654
1.75 acres | #9749991
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
- ViewCreek Stream
- Lot DescriptionLevel
Measurements
- Acres1.7525
Construction Details
- Property TypePurchase
Utilities / Energy Details
- Utility FeaturesElectricity Connected, Water Connected
- Sewer InformationPublic Sewer
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionHi-Ridge Trails
Location
- School DistrictMarble Falls ISD
- Elementary SchoolMarble Falls
- Middle SchoolMarble Falls
- High SchoolMarble Falls
- CountyBurnet
Financial Details
- Original List Price$849,900
- Taxes Annual$12,716
- Days on Market (Cumulative)51
Other
- MLS #9749991
Location
Legal
Based on information submitted to the MLS GRID as of 2024-09-30 18:26:47 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Last Updated: . Source: ACTRIS
Listing Courtesy
Listing Agent: Bob01 Clifton (#568465), Phone: (830) 613-5215
Listing Office: Keller Williams - Lake Travis (#2497)
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.
