2011 Beckham AveTyler, TX 75701

For Sale
$865,000

Three buildings, 4,893 sq ft, 100% leased.

Overview

Added:
Dec 11, 2024
Days on market:
95
This exceptional investment opportunity presents three contiguous properties totaling 1.09 acres in Tyler, Texas's vibrant Midtown area. The site boasts approximately 439 feet of frontage on South Beckham Avenue, ensuring high visibility and accessibility. The property comprises three single-story buildings, each constructed between 1933 and 1940, currently housing three separate tenants at 100% occupancy under a gross lease structure. The buildings offer a combined 4,893 square feet of traditional office space. The current zoning, Adaptive Reuse (AR) and Restricted Professional Office (RPO), allows for diverse redevelopment possibilities, making this an ideal value-add, owner-user, or redevelopment project. The property's prime location near the medical district offers significant potential for future growth and increased rental income. The asking price is $865,000, translating to $176.78 per square foot. This is a rare chance to acquire a well-located, fully leased, multi-tenant property with significant upside potential in a thriving Texas market. The property's history and current use, combined with its flexible zoning, present a unique opportunity for investors seeking a strong return on investment.

Highlights

  • Prime location with high visibility.
  • High traffic counts ensure strong customer base.
  • Excellent redevelopment opportunity for future growth.
  • Fully leased, providing immediate and stable cash flow.

Property Details for 2011 Beckham Ave

Property type
Other office properties, Office properties
Square Feet
4,893 SF
Class
B
Year Built
1933
Buildings
3
Stories
1
Lot Size (sq. ft)
47,480 SF

Location Insight

City
Tyler
County
Smith
State
Texas
Latitude
32.3272019
Longitude
-95.2889554
2011 Beckham Ave, Tyler, Texas

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2011 Beckham Ave
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