25 S Chadbourne St, San Angelo, TX 76903

$1,500,000

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List Price
$1,500,000
MLS#
21396999
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1956
Construction Status
Preowned
Acres
0.68
County
Tom Green
City
San Angelo
Subdivision
San Angelo

Property Description

Looking to owner a piece of Downtown San Angelo History? This is an offering of the former Meyers Drug Store building located at 29 S Chadbourne Street, along with the parking lot to the north of the building, as well as the parking lot across the street. Very rarely does a property with this much parking in the downtown area come available. The building consists of two stories and a finished basement. The first floor was utilized for retail purposes and the basement was used as additional inventory storage. The second floor is in shell condition and is ready for your ideas, whether it is loft apartments, professional offices, retail, etc. The basement has exterior access and is sprinklered, making it another option for a leased space. The parking lot across the street carries a vast amount of value due to the lack of parking in the downtown area. This lot could be used as rental spaces or someone could construct a parking garage for income generation.

Additional Information

Tenant Pays
None
Lot Size
29,403
Acres
0.68
Lot Description
Corner Lot
Flooring
Combination, Concrete, Laminate, Wood
Foundation
Slab
Building Stories
2
Parking Garage
Additional Parking, Paved, Parking Lot, On Street
Possession
CloseOfEscrow
Proposed Use
Retail
Inclusions
Land & Improvements

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Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Sterling Fryar from KW SYNERGY*. Contact: 325-692-4488

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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