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Listed by Ben Moore GANN MEDFORD Real Estate, Inc.
$ 700,000
Est. payment /mo
Active
1608 John Redditt Drive Lufkin, TX 75904
7,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Warehouse,Industrial,Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,500 sqft
Price per Sqft $93
MLS Listing ID 65102897
Year Built 1985
Lot Size 1.110 Acres
Lot Dimensions 1.1100
Property Sub-Type Warehouse,Industrial,Commercial
Property Description
Excellent investment opportunity! Commercial property with 24 month active lease in place. Currently leased to Red Ball Oxygen producing an annual NOI of $45,000. Hard corner with traffic light, high visibility 20K annual average daily traffic count. This prime location works for retail, commercial, or industrial. 7,500 SF facility has showroom, office, and warehouse space all under one roof with access from North John Redditt Dr. and Lotus Lane. Zoned Light Manufacturing. The facility is fenced on three sides with over 18,000 SF of concrete paving behind a fence. Ample parking and plenty of opportunities for future investors. Listing agent must accompany on showing with 24 hours notice.
Location
State TX
Area Angelina
Zoning LM Light Manufacturing
Body of Water Sam Rayburn
Interior
Heating Electric
Cooling Central Air, Electric
Exterior
Roof Type Metal
Road Frontage City Street, Highway
Building
Lot Description Other
Sewer Public Sewer
Water Public
Others
Special Listing Condition None
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