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$659,000
Est. payment /mo
0.35 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Building
Listing Status Active
Purchase Type For Sale
Subdivision Tx
MLS Listing ID 25007818
Lot Size 0.350 Acres
Acres 0.35
Property Sub-Type Building
Property Description
This newly remodeled office building (renovated in 2021-22) presents an immediate income-producing investment opportunity in the heart of South Tyler. The property totals ±4,350 square feet and is configured into three individual suites, each with private entrances. The building is currently 100% occupied by two quality tenants, A locally owned and operated salon, and Kindful Health, a Texas-based, privately held hospice care provider. Tenants also enjoy access to a private, fenced patio located at the rear of the building—an ideal space for outdoor lunches, breaks, or small company gatherings. All utilities are paid by the landlord; tenants are responsible only for Wi-Fi and phone services Investment Highlights: Offered at a 7.5% capitalization rate Strong tenant history with multi-year lease terms remaining Renovated in 2021 with modern interior finishes and efficient systems Private fenced patio for tenant use Low-maintenance asset with a convenient location Location: Situated in a high-demand South Tyler submarket, just minutes from Loop 323 and Paluxy Drive, this property offers excellent access, close proximity to residential neighborhoods, and consistent demand for well-located professional office space.
Location
State TX
County Smith
Area Smith
Zoning Office
Exterior
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Listed by Cole Ihrig • P&I Real Estate Management
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