1008 W Main St, Arlington, TX 76013

$998,000

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List Price
$998,000
MLS#
21332586
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1968
Construction Status
Preowned
Acres
0.49
County
Tarrant
City
Arlington
Subdivision
Arlington Heights Add

Property Description

Position your business at the forefront of Arlington's exciting downtown transformation. Located in the heart of Downtown Arlington within the newly adopted Form-Based Zoning District, this exceptional commercial property is surrounded by significant public and private investment. The Arlington City Council has approved a $60 million redevelopment initiative for the area, bringing new retail, restaurants, office space, entertainment, and upscale residential development. Currently configured as a church and private school, this versatile property offers outstanding potential for an owner-user, investor, or redevelopment opportunity. The approximately 3,000 SF open-span warehouse gymnasium features a private restroom and provides flexible space for assembly, recreation, training, or warehouse operations. The attached approximately 2,400 SF office classrooms area includes five classrooms or private offices, a reception lobby area, administrative office, kitchenette, and two additional restrooms. The exterior offers ample parking, a secured playground with commercial-grade equipment, and two storage buildings. Conveniently located within walking distance of The University of Texas at Arlington and Downtown Arlington. Ideal for a church, private school, daycare, indoor sports or training facility, CrossFit or fitness center, dance or martial arts academy, event venue, production or creative studio, contractor headquarters, warehouse with executive offices, distribution business, furniture showroom, medical supply company, technology startup, or other professional or institutional use. A rare opportunity to acquire a highly adaptable commercial property. Buyers and Agents to independently verify all zoning, permitted uses, redevelopment opportunities, and development requirements with the City of Arlington and do due diligence to verify all dimension and specifications. Information deemed reliable but not guaranteed. Buyer will need to purchase a new survey.

Additional Information

Unexempt Taxes
$6,761
Tenant Pays
AllUtilities
Lot Size
21,387
Acres
0.49
Flooring
Vinyl, Tile
Foundation
Slab
Roof
Metal
Building Stories
1
Parking Garage
Parking Lot
Possession
CloseOfEscrow
Proposed Use
Office, Place Of Worship, Warehouse
Inclusions
Land & Improvements

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Calculator source: Real Geeks

Listing courtesy of Vanja Gaither from Vanja Gaither, Broker. Contact: