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$ 425,000
Est. payment | /mo
3.42 Acres Lot
$ 425,000
Est. payment | /mo
3.42 Acres Lot
Key Details
Property Type Commercial
Sub Type Building
Listing Status Active
Purchase Type For Sale
Subdivision Tx
MLS Listing ID 26008819
Lot Size 3.420 Acres
Acres 3.42
Lot Dimensions 90 x 561
Property Sub-Type Building
Property Description
Strategically positioned on the east side of Tyler at Loop 323 and East Front Street, this 3.42-acre property is ideal for redevelopment for a variety of uses. This one-story building, uniquely designed in a star shape with six wings, was built in 1970 and was initially a nursing home before being converted to housing for 140 college students. All utilities are available onsite, and the sewage system was upgraded by the college in the 2010s. This property offers a prime location in a stable market. However repurposed or redeveloped, it provides a versatile space with strong infrastructure in place. Property Features: •Building size: 29,982 SF •Total acreage: 3.42 •Traffic count: •25,255 vpd (Loop 323) •19,012 vpd (Hwy 31) •Year built: 1970 •Number of floors: 1 •Zoning: C-2 (General Commercial District)
Location
State TX
County Smith
Area Smith
Zoning Central Business District
Exterior
View Y/N No
Listed by Sam Scarborough • Scarborough Commercial Real Estate
Nearby Locations
Top 1% Real Estate Team in Texas
Over $2 Billion in Total Sales