2515 Commerce Street

Marble Falls, TX 78654
$849,900
1.75 acres | #9749991
For Sale

Description

This is an excellent opportunity to own an income-producing commercial property with a strong lessee and long-term occupancy and payment history! This great property is being sold with a 'triple net' lease from current tenant, which has been in the building since 2002. The current lease renewal began in 11/22 and is for a period of five (5) years. The tenant has an option for two (2) more renewal periods of five years, with approximately 5% lease increases for these renewal periods. Approximately 1.75 acres total with Whitman Branch creek running through the undeveloped back half.

  • Property Details
    • Property
      • View:Creek Stream
      • Lot description:Level
    • Measurements
      • Acres:1.7525
  • Construction Details
    • Type & Style
      • Property type:Purchase
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:Public
      • Utility features:Electricity Connected, Water Connected
  • Community and Neighborhood Details
    • Community
      • Subdivision:Hi-Ridge Trails
    • Location
      • School district:Marble Falls ISD
      • Elementary School:Marble Falls
      • Middle School:Marble Falls
      • High School:Marble Falls
      • County:Burnet
  • Financial Details
    • Pricing Details
      • Original List Price:$849, 900
      • Days on Market (Cumulative):51
      • Taxes annual:$12, 716
  • Other
    • Source
      • MLS #:9749991

Location

Legal

Based on information submitted to the MLS GRID as of 2024-09-30 18:26:47 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

Last Updated: . Source: ACTRIS

Listing Courtesy
Listing Agent: Bob01 Clifton
Listing Office: Keller Williams - Lake Travis

Brandye RoccaReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

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The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.