Lancaster, TX 75146 116 Historic Town Square

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Presented By: Ellen Clark with Town Square Realty; 972-227-7010
  • MLS# 20851707
  • 02/23/2025
  • Request Tour
  • Request Info

Home Details

INVESTORS THIS BUILDING BRINGS IN 3300 PER MONTH. Building is half leased with several applications for 2nd space. The building was rebuilt in 1996 as a new building after 1994 tornado It retained parts of old wall. Allot of the interior walls are brick and it has high ceilings. Floors are all vinyl wood. In the past 3 years improvements area roof, new h ac on 104 unit with a roof top unit, in 2024 the north wall was resealed and stucco added to protect the damaged original bricks that had once been an interior wall. The sewer line has been replaced inside the building and the sewer line on the outside replaced. The cap on the exterior walls has been replaced or repaired. This is a solid brick building in good condition. Agent is owner and selling this building in preparation for retirement. Repairs over the past 24 months have exceeded $30K. Building is 2 units with separate meters for all utilities. S Dallas side has been a barbershop for over 30 years and has done good business. Front side is leased to an experienced photography studio. Barbershop area has several applicants.
Presented By: Ellen Clark with Town Square Realty; 972-227-7010

Interior Features for 116 Historic Town Square

Other Interior Features

SQFT Gross2396
Lock Box TypeNone
FlooringLuxury Vinyl Plank, Vinyl
Total Stories1
Total Units2

General for 116 Historic Town Square

Building UseBeauty/Barber, Historical District, Office, Retail, Other
Business TypeAnimal Grooming, Bakery, Barber/Beauty, Books/Cards/Stationary, Clothing, Computer, Dance Studio, Dry Cleaner, Electronics, Financial, Fitness, Florist/Nursery, Food & Beverage, Health Food, Hobby, Mixed, Music, Pet
Ceiling Height8 to10 Feet
CityLancaster
Construction MaterialsBrick
CoolingCeiling Fan(s), Central Air, Electric
CountyDallas
DirectionsDallas and Main to enter the town square
Gross Annual Expenses7000.00
HeatingCentral, Natural Gas
Listing TermsCash, Conventional
Occupant TypeTenant
Operating Expense IncludesInsurance
PossessionClosing/Funding, Lease Outstanding
Property SubtypeRetail
Property TypeCommercial Sale
RoofBuilt-Up, Flat
Standard StatusActive
StatusActive
Subdivision NameOriginal Town of Lancaster
Tenant PaysAll Utilities, Cable TV, Electricity, Trash Collection, Water
Topographylevel
UtilitiesCable Available, City Sewer, City Water, Curbs, Electricity Connected, Individual Gas Meter, Sidewalk
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1996
Year Built DetailsPreowned
Zoning DescriptionHistoric District retail, office, resturants

Exterior for 116 Historic Town Square

Building Area Total2396.00
Construction Materials WallsBrick
Foundation Brick/Mortar, Pillar/Post/Pier
Lot SizeLess Than .5 Acre (not Zero)
Lot Size Acres0.0549
Lot Size Area2392.0000
Lot Size Dimensions46x90
Lot Size SourcePlans
Lot Size Square Feet2392.0000
Lot Size UnitsSquare Feet
Parking FeaturesOn Street, Parking Lot
Planned Development1
Road Frontage TypeCity Street, Curbs/Gutters

Additional Details

Price History

Katie Edwards

Realtor
Price $350,000
MLS#20851707
List Date 02/23/2025
Property Type Commercial
Phone 979.571.7600
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