Fantastic 10% cap rate investment opportunity anchored by a well-established long term restaurant tenant and recently negotiated new lease. INVESTMENT OPPORTUNITY near the Bishop Arts District. Exceptional investment opportunity in the heart of one of the city's most charming & historic areas. The area attracts locals and tourists, ensuring consistent foot traffic and visibility. This popular dining spot is a staple in the Vegan community. The neighborhood is experiencing continued growth and revitalization, with new businesses and developments enhancing property values and attracting more visitors. Capitalize on the prime location, popularity, and charm of the neighborhood that continues to attract a diverse and affluent demographic. Take advantage of the area's ongoing growth and development potential for future appreciation. This is a rare opportunity to invest in a property that combines historic charm with modern amenities and a stable, long-term income stream.
Mls | 20785387 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active |
Year | 1930 |
Days On Site | 14 |
Listing Provided By | Compass RE Texas, LLC | Decarla Anderson |
Sq Feet | 1,280 |
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Storys | 1 |
Units | 1 |
Zoning | Residential Planned Development |
Acreage | 0.14 |
State | TX |
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County | Dallas |
City | Dallas |
Zip Code | 75208 |
Area | Dallas |
Community Name | George J Bryans Rev |
Listing VS Median (in George J Bryans Rev) | |
Price: $599,000 low | high Med: $599,000 SqFt: 1,280 low | high Med: 1,280 $ / SqFt: $468 low | high Med: $468 On Site: 14 low | high Med: 14.000000 |