928 Block St, Port Neches, TX 77651
1,944 SF | 100% Leased | Office Building | Port Neches, TX 77651 | $250,000 ($129/SF) | 8% Cap Rate
For Sale
Active
Asking Price $250,000
- Property Type
-
Office
- Square Feet
- 1,944 SF
- Price / Square Foot
- $129
Listing Contacts
- Property Info
Property Overview
*Prime Single-Tenant Office Building in Port Neches, Texas*Welcome to 928 Block Street, a well-maintained single-tenant office building offering 1,887 square feet of net rentable area on a 0.19-acre site in the heart of Port Neches. Originally constructed in 1988 and comprehensively renovated in 2023, this property is in excellent condition with an estimated remaining economic life of 40 years. The property underwent significant upgrades totaling $130,000 after being acquired in 2021 for $65,000. Key improvements include brand-new electrical and plumbing systems, updated water and sewer lines from the street, fresh asphalt paving, new windows, and new A/C units. Additionally, the building features modern fixtures and a beautifully restored metal roof, ensuring both efficiency and aesthetic appeal. While the property is move-in-ready, please note that it currently does not have flooring installed, and the walls are in need of painting. The property owner has obtained a quote from a contractor, estimating the total cost for these remaining projects at $10,000. The seller is open to negotiating these repairs as part of the sale, providing a flexible opportunity for buyers to customize the space to their liking. This office building is ideal for businesses seeking a quality location with modern amenities in a thriving community. Don't miss the opportunity to make this prime property your own!
Property Details
- Class
- C
- Year Built/Renovated
- 1962/2023
- Stories
- 1
- Property Subtype
- Office/Residential, Loft/Creative Space
- Lot Size (sq. ft)
- 8,276 SF
Highlights
- Lots of Natural Light
- Bathroom with shower
- Open Space Kitchen Style
- Big Yard And Patio Area
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