518 Mill Ave
$1,600,000.00
3,300 SF | 100% Leased | Retail Building | Conroe, TX | $1,600,000 ($485/SF)
Under Contract
Investment Highlights
- Income producing
- Mixed-use
- Located within less than a mile from I-45
- Air Conditioning
- Restaurant
Attachments
Description
516 & 518 Mill Avenue consists of a 2,700 Sq Ft mixed use commercial retail space and a taqueria sitting on 0.36 acres with potential to develop the remainder of the lot in the future! The main building boasts a restaurant, hair salon, and a bridal shop, all with their own private entrance + assigned parking for each business. Additionally, the restaurant and the taqueria each have a covered patio area for dining. The taqueria is 640 Sq Ft and features a walk-up window, convenient for fast dining! The restaurant equipment is to be conveyed with the sale. Located in a prime location, this property is also located less than a mile from I-45! This property is the perfect income producing opportunity and won’t last long! Schedule a private tour today!
PROPERTY TAXES
| Parcel Number | 7180-00-05400 |
| Land Assessment | $13,000 |
| Improvements Assessment | $150,300 |
| Total Assessment | $163,300 |
NEARBY MAJOR RETAILERS
TRANSPORTATION
AIRPORT
Houston George Bush Intercontinental Airport – 36 min drive – 30.9 mi
OPPORTUNITY ZONE
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
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