Fort Worth, TX 76110,3040 Lipscomb Street

$535,000

Est.Price: ?

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Est. payment /mo

9,757 Sqft Lot


SOLD DATE : 08/23/2023

Key Details

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Subdivision South Hemphill Heights Add

MLS Listing ID 20208355

Sold Date 08/23/23

Total Fin. Sqft 3159

Year Built 1918

Annual Tax Amount $5,534

Lot Size 9,757 Sqft

Acres 0.224

Property Description

Move-in ready, owner occupy opportunity
Oversized lot with 900 SF back building in need of renovation
1918 construction, fully renovated in 2017 with Fort Worth Historic Designation
Great visibility on Berry St with 30k+ VPD
1.5 miles from TCU along one of Fort Worth’s major corridors
Parking across Lipscomb St and On-Site
Zoned: “ER” Neighborhood Commercial Restricted

Vision Commercial Real Estate is pleased to present the opportunity to acquire a historic 1918 Craftsman Office in Fort Worth, TX. The 2,259 sf main building is accompanied by a 900 sf back building on a 9,750 sf lot. Located along the heavily traveled W Berry St, this property is ideal for an owner user or as an investment. The Certificate of Occupancy was obtained in 2021 with the addition of an ADA Restroom and ADA ramp. There is significant upside potential by renovating the back building to increase rentable space. The 900 SF building is already separately metered for electrical.

Location

State TX

County Tarrant

Zoning "ER" Neighborhood Commercial Restricted. Allows most Retail, Office, Medical. No alcohol sales.

Direction 1.5 Miles from TCU

Interior

Heating Central, Natural Gas

Cooling Central Air

Flooring Wood

Heat Source Central, Natural Gas

Exterior

Utilities Available Cable Available, City Sewer, City Water, Concrete, Curbs, Electricity Connected, Individual Gas Meter, Individual Water Meter, Sidewalk, Underground Utilities

Roof Type Asphalt

Garage No

Building

Lot Description Corner Lot, Landscaped, Many Trees

Foundation Pillar/Post/Pier

Structure Type Brick

Others

Ownership Jeffery and Rachel Marek

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Financing Conventional

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Trenton Price • Vision Commercial Real Estate
Bought with Brian Holland • Fort Worth Focused Real Estate
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201 Calloway St, Wylie, TX, 75098, USA

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