Tyler, TX 75702,221 N Glenwood Boulevard

$145,000

Est. payment /mo
Est.Price: ?

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221 N Glenwood Boulevard Tyler, TX 75702

6,271 SqFt

SOLD DATE : 10/12/2021

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 6,271 sqft

Price per Sqft $23

Subdivision Na

MLS Listing ID 14465370

Sold Date 10/12/21

Total Fin. Sqft 6271

Year Built 1950

Lot Size 1.480 Acres

Acres 1.48

Property Description

Located in the Certified Economic Opportunity Zone! Opportunity Zones were created under the 2017 Tax Cuts and Jobs Act to stimulate economic development and job creation, by incentivizing long-term investments. Under certain conditions this property may be eligible for capital gain tax incentives. This listing presents a NNN investment opportunity, or future owner or operator scenario. Current tenant is a small animal vet clinic that services the downtown and surrounding area of the market. Occupant is a national credit tenant on a two year term with renewal options. Site has excess land ready for development, or provides room for expansion to the existing clinic. Consists of 4 lots and two buildings total.

Location

State TX

County Smith

Zoning M-1

Direction From the intersection of Loop 323 and W Erwin St travel East on Erwin St for approx. 1.4 miles, then turn left onto N Glenwood Blvd, the destination will be on your right in approx. 0.1 miles.

Interior

Heating Other

Cooling Other, Window Unit(s)

Flooring Other

Heat Source Other

Exterior

Utilities Available City Water

Roof Type Other

Garage Yes

Building

Foundation Other

Others

Ownership Unknown

Financing Conventional

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Matthew Marshall • Drake Real Estate & Investment
Bought with Matthew Marshall • Drake Real Estate & Investment

Brian Haile

Broker Associate | License ID: 0648651

+1(254) 485-1827

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