108 THEODORE SPECHT DR Fredericksburg, TX 78624

$1,750,000

Bedrooms

Total Baths

Full Baths

7,376

Square Feet

0.80

Acres

2001

Year Built

37 days

On Website

Active

Status

Rare Opportunity to own an income producing property in Fredericksburg! This property has 16 dedicated offices with the ability to increase it to 24 with some modifications. Currently there are 22 working spaces with the current tenant utilizing some cubicles. With 20 covered parking spaces there is plenty of space for employees to safely park. All (3) of the AC systems have been replaced within the last 2 years. There is new flooring in the offices and common area. The building will be getting a nice power wash soon and the blue trim is getting repainted this week. This building would make the perfect home for any number of professions. When fully occupied, the cap rate on this property is approximately 7%. There are currently several dedicated offices available for lease as well. Please inquire on the terms.

I'm Interested

Schedule a showing
In Person Virtual

Details


Interior
Flooring
Tile, Simulated Wood
Living Area
7,376 SqFt.

Building And Construction
Number Of Units Total
16
Property Sub Type
Commercial
Property Type
Commercial
Year Built
2001

Exterior And Lot
Lot Size Acres
0.8
Lot Size Square Feet
34848
Parking Total
20
Zoning
Commercial 2

Utilities
Cooling
Central
Heating
Gas

Area And Schools
City
Fredericksburg
County Or Parish
Gillespie
Elementary School
Fredericksburg
Subdivision Name
None

Financial Info
Buyer Agency Compensation
3%
Foreclosure
Not Applicable
Lease Includes
Building(s)
Tax Annual Amount
$16,417.18

Additional Info
Other Utilities
Phone Available,electricity Connected,electricity Available,garbage Service-public
Overhead Doors
No
Parking Capacity
11-20
Source SqFt
Gcad
Tax Source
Gcad
Variable Rate
0

Listing By CENTURY 21 The Hills Realty – John Sawyer, Jr

MLS# 104764

Data Last Updated 2:16PM - 10/26/2021

Your browser is out of date or unsupported. Some features of this website may not work until you update to a supported browser. More Info

Your browser is not currently supported. We recommend viewing REMAX.com and it's affiliated sites on one of the following browsers: