UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Pending
Purchase Type For Sale
Subdivision Wasser Addition
MLS Listing ID 20858901
Total Fin. Sqft 4158
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
Zoning Heavy Commercial
Direction Please use GPS
Interior
Heating Central
Cooling Central Air
Flooring Combination
Heat Source Central
Exterior
Utilities Available City Sewer, City Water, Curbs, Electricity Available, Electricity Connected, Natural Gas Available
Roof Type Asphalt,Metal
Garage No
Building
Foundation Slab
Structure Type Brick,Metal Siding
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Aerial Photo
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20858901
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