416 Kennedale PkwyKennedale, TX 76060

For Sale
$1,050,000

Prime Kennedale commercial building, high income potential.

Overview

Added:
Dec 11, 2024
Days on market:
92
Exceptional investment opportunity in Kennedale, Texas. This 3,612 square foot, single-story building sits on a 0.45-acre lot at 416 Kennedale Pkwy, 76060, just half a mile from the town center. Built in 1981 and extensively renovated in 2016 ($200,000+ invested), the property features seven bays, an office area, and restrooms. Currently operating as a successful auto repair shop, the property is grandfathered in despite zoning changes, offering flexibility for future uses including restaurant, retail, or office space. Six bays and the office are currently leased under a gross lease, providing immediate income. Ample parking is available in front and rear. The asking price is $1,050,000. The current lease has two years remaining. This is a single-tenancy property with significant upside potential in a thriving area. This mixed-use property presents a rare opportunity to acquire a well-maintained commercial building with established income and diverse future possibilities.

Highlights

  • $1,050,000 asking price.
  • 3,612 square foot building on a 0.45-acre lot in Kennedale, TX.
  • Mixed-use property (currently operating as an auto repair shop) with potential for conversion to restaurant, retail, or office space.
  • Gross lease, single tenant, with two years remaining on the lease.
  • Seven bays, office area, and restrooms.
  • Built in 1981, renovated in 2016 ($200,000+ invested).

Property Details for 416 Kennedale Pkwy

Property type
Other retail properties, Automotive properties
Square Feet
3,612 SF
Year Built/Renovated
1981/2016
Buildings
1
Stories
1
Lot Size (sq. ft)
19,602 SF

Location Insight

City
Kennedale
County
Tarrant
State
Texas
Latitude
32.6429742
Longitude
-97.2180448
416 Kennedale Pkwy, Kennedale, Texas

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416 Kennedale Pkwy
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