400 State Line AveTexarkana, TX 75501

For Sale
$300,000

Historic building, 20,000 sq ft, multi-use potential.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 20,000-square-foot mixed-use building, located in the heart of Texarkana, Texas's Central Business District (CBD), presents a unique investment opportunity. Constructed circa 1908, this two-story building boasts a rich history and versatile layout. The ground floor currently features three office suites and a substantial open area ideal for storage or adaptable to various commercial uses. The upper level offers significant potential for residential conversion, creating a lucrative blend of commercial and residential income streams. The property sits on a 0.26-acre lot and is zoned for CBD use, permitting residential, office, and commercial development. Note that historic design review is required for any renovations or alterations. Currently vacant, the building offers immediate occupancy upon closing, with a potential occupancy date of August 15, 2024. The asking price is $300,000, translating to $15 per square foot. This fee-simple ownership opportunity provides a chance to acquire a substantial property in a thriving downtown area. The building's classification is Class D, and it comprises one building with two stories. The property's APN is 1012180.

Highlights

  • 20,000 SF mixed-use building in Texarkana, TX CBD.
  • Two-story building, circa 1908, offering versatile layout.
  • Ground floor features three office suites and large open area.
  • Upper level ideal for residential conversion.
  • 0.26-acre lot, zoned for CBD use (residential, office, & commercial); historic design review required.
  • $300,000 asking price ($15/SF).

Property Details for 400 State Line Ave

Property type
Other specialty properties, Churches & religious facilities
Square Feet
20,000 SF
Class
D
Year Built
1908
Buildings
1
Stories
2
Lot Size (sq. ft)
11,326 SF

Location Insight

City
Texarkana
County
MILLER
State
Texas
Latitude
33.42437751
Longitude
-94.04312566
400 State Line Ave, Texarkana, Texas

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400 State Line Ave
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