UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Sunset Gardens Add
MLS Listing ID 21121857
Total Fin. Sqft 3550
Year Built 1970
Annual Tax Amount $7,699
Lot Size 0.328 Acres
Acres 0.328
Property Sub-Type Retail
Property Description
This versatile property includes three fully leased commercial spaces: one occupied by a construction-related business, another by a vintage furniture store, and a small residential apartment that is legally grandfathered in and also leased. The property generates over $45,000 in gross income annually and is primed for a new owner seeking immediate cash flow.
Located just minutes from Lockheed Martin, a major billion-dollar employer, and only moments from I-30 and Loop 820, this site offers unmatched accessibility and visibility. The building features ample parking, excellent road frontage, and low-maintenance construction, making it an ideal investment for hands-off ownership.
Tenancy provides strong flexibility:
Several tenants operate on month-to-month leases, giving the new owner room to adjust pricing or reposition as desired.
One tenant is secured under lease through January 2026, offering stable, predictable income.
The water bill is held in the owner's name and fairly divided among tenants based on usage. The owner also maintains the yard, keeping operational demands minimal. The property is currently managed by a professional management company that can continue under new ownership for a seamless transition.
Opportunities like this—fully occupied, income-generating, low-maintenance, and ideally located—rarely hit the market.
No survey available. Don't wait—this one won't last long!
Location
State TX
County Tarrant
Zoning Commercial with grandfathered residential
Direction FROM i-30 WEST EXIT CHERRY LANE AND HEAD NORTH. GO PAST WHITE SETTLEMENT ROAD AND BUILDING ON LEFT.
Interior
Heating Central
Cooling Central Air
Flooring Concrete
Heat Source Central
Exterior
Utilities Available City Sewer, City Water
Roof Type Concrete
Garage No
Building
Foundation Slab
Structure Type Concrete
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21121857
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