218 Sidnor StAlvin, TX 77511

For Sale
$400,000

Historic Alvin storefront, redevelopment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
92
This 4,963 square foot storefront, located at 218 W. Sidnor St, Alvin, TX 77511, presents a compelling redevelopment opportunity. The single-story, 1945-built Class C building sits on a 0.43-acre corner lot with commercial zoning. Currently operating as a feed store with 100% occupancy, the property is available for purchase at $400,000 ($80.60/sq ft). The current month-to-month lease expires October 30, 2023, offering immediate possession for redevelopment. The property boasts a current cap rate of 3.44% and a pro-forma cap rate of 4.30%, with a pro-forma NOI of $17,215. This historic building offers significant potential for a variety of commercial uses, benefiting from its high visibility corner location in a growing community. The substantial lot size allows for potential expansion or future development. All information is deemed reliable but should be independently verified.

Highlights

  • Month-to-month lease, providing immediate possession.
  • Ready for immediate renovations.
  • 1945-built, 4,963 sq ft building offering historic charm and potential for increased value.
  • Versatile property suitable for various commercial uses.
  • High-visibility corner lot in Alvin, TX.
  • Strong income potential for owner-occupancy or lease.

Property Details for 218 Sidnor St

Property type
Other retail properties, Individual retail properties
Square Feet
4,963 SF
Class
C
Year Built
1945
Buildings
1
Stories
1
Lot Size (sq. ft)
18,731 SF
Units
1

Location Insight

City
Alvin
County
Brazoria
State
Texas
Latitude
29.4231191
Longitude
-95.2457224
218 Sidnor St, Alvin, Texas

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
218 Sidnor St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message