113 N Ballard Avenue

    Wylie, TX 75098
    • $749,900
    • STATUS: Active
    • ON SITE: 33 days
    • MLS #: 14068983
    $749,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1960
    County:
    Area:

    School Ratings & Info

    Offered by Sandra Bryant of Bryant Real Estate.

    Description

    INCOME PROPERTY! Located in historic downtown Wylie. Three long time thriving business featuring a boutique, hair salon and flooring store. The boutique and hair salon are on a newly signed 5 year lease. The flooring store is on a newly signed one year lease. The owner of the boutique manages and collects the rent from the salon and then pays currently $4,300. This lease will increase yearly and will cap at $5,000 in year 5. Many improvement have been made to the building recently. Including a new roof and HVAC's. This historic building dates back to the early 1900's. Was a general store in Wylie's early days. It has been completely renovated. 115 Ballard and 113 Ballard are in one building.

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    © 2019 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Town & Country. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than RE/MAX Town & Country are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2019-05-20T23:41:44.76.
    www.rmxtc.com/homes/93789244

    113 N Ballard Avenue Wylie, TX 75098

    • Price: $749,900
    • Status: Active
    • MLS #: 14068983
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1960
    Built
    Neighborhood:
    Kellers First Add
    County:
    Collin
    Area:
    Wylie
    Property Description
    INCOME PROPERTY! Located in historic downtown Wylie. Three long time thriving business featuring a boutique, hair salon and flooring store. The boutique and hair salon are on a newly signed 5 year lease. The flooring store is on a newly signed one year lease. The owner of the boutique manages and collects the rent from the salon and then pays currently $4,300. This lease will increase yearly and will cap at $5,000 in year 5. Many improvement have been made to the building recently. Including a new roof and HVAC's. This historic building dates back to the early 1900's. Was a general store in Wylie's early days. It has been completely renovated. 115 Ballard and 113 Ballard are in one building.
    Exterior Features

    Construction Brick Construction Materials Walls BrickPlasterTexture Foundation Slab Parking Or Garage FrontRearUnassigned Spaces Roof Tar/Gravel

    Interior Features

    Ceiling Height 15 To 20 Feet Commercial Features Fire AlarmInside Storage Flooring CarpetLaminate Heating Central Air-ElecCentral Heat-Gas Sq Ft Building 4560 Sq Ft Gross 4560 Sq Ft Leasable 4560

    Property Features

    Alarm Or Security Type Burglar Average Monthly Lease 5500 Building Area Source Tax Building Use Beauty/BarberRetail Business Name Dear Sorella Commercial Zoning C-1 Construction Status Preowned Gross Annual Expenses 14278 Gross Annual Income 66000 Inclusions BusinessFurnitureInventory Leasable Spaces 3 Lease Terms 5 Years Leased Spaces 3 Lot Size Source Tax Multi Zoning No Municipal Utility District No Net Annual Income 51713 Occupancy Rate 100 Possession Closing/Funding Property Type Com-Sale Tenant Pays All Utilities Total Annual Expenses Include InsuranceTaxes Unexempt Taxes 9441 Utilities ConcreteCurbsIndividual Gas MeterIndividual Water Meter Will Subdivide No

    Listing information © 2019 North Texas Real Estate Information System.


    © 2019 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Town & Country. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than RE/MAX Town & Country are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2019-05-20T23:41:44.76.
     
    RE/MAX Town & Country
    301 S Watters Road
    Allen TX, 75013
    Offered by Sandra Bryant of Bryant Real Estate.