205 Chambers StCleburne, TX 76031

For Sale
Call for price

Prime Cleburne investment opportunity: 20,000 sq ft mixed-use building.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional mixed-use property, located at 205 E Chambers St in historic downtown Cleburne, Texas, presents a compelling investment opportunity. The three-story building, constructed in 1900, boasts a total of 20,000 square feet and offers a blend of residential and commercial spaces. The upper two floors comprise eleven multi-family units, currently enjoying 100% occupancy, providing a stable and consistent income stream. The ground floor features three retail/commercial spaces, currently at 39% occupancy, presenting significant potential for increased revenue through lease-up or repositioning. The property includes 14 on-site parking spaces, a valuable asset in a vibrant downtown area. Situated in Johnson County, Texas, zip code 76031, this property benefits from its prime location within the historic district of Cleburne. The building's historic character and substantial size offer a unique opportunity for investors seeking a blend of income generation and potential for value appreciation. With its existing tenant base and potential for future growth, this property is poised for continued success. The property's strong fundamentals and location make it an attractive investment for both seasoned and emerging investors.

Property Details for 205 Chambers St

Property type
Other retail properties, Multifamily properties
Square Feet
20,000 SF
Year Built
1900
Stories
3

Location Insight

City
Cleburne
County
Johnson
State
Texas
Latitude
32.347173892168
Longitude
-97.384530388381
205 Chambers St, Cleburne, Texas

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205 Chambers St
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