603 W Cotton Street, Longview, TX 75604 - MLS#20594952

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Debbie Waters

debbiewaters@ziglarrealty.com +1(972) 841-8461

$1,400,000

Est. payment - /mo

6.77 Acres Lot

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UPDATED:

10/29/2024 05:40 PM

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Butts W T Sur

MLS Listing ID 20594952

Total Fin. Sqft 31487

Year Built 1974

Annual Tax Amount $14,883

Lot Size 6.770 Acres

Acres 6.77

Property Description

Rare value-add investment opportunity located in the heart of Longview, TX. Main building (27,104sf) is leased to a strong regional tenant. Secondary building (4,383sf) is vacant and can be leased for additional income, or occupied by an owner operator. Prominent location on the hard corner of Cotton Street & Spur 63. Tenant's HQ location is also for sale at 2850 S SW Loop 323, Tyler, TX. Contact broker for additional information.

Main Building: 27,104sf & 7 grade-level doors.
Secondary Building: 4,383sf.
Tenant is AVCO Roofing - a strong and established company in East Texas.
New 10-year NNN lease.
Ample parking.
Excess Acreage.

Location

State TX

County Gregg

Zoning Light Industrial

Direction From the intersection of W Marshall Ave. and Spur 63 in Longview, head south on Spur 63. In about 0.2 miles, turn right onto W Cotton St. Property will be on the right at the northwest corner of Spur 63 and W Cotton St.

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Carpet, Varies

Heat Source Central, Electric

Exterior

Utilities Available City Sewer, City Water, Electricity Connected

Roof Type Flat,Metal

Garage No

Building

Lot Description Acreage, Corner Lot, Level

Foundation Slab

Structure Type Metal Siding

Others

Ownership Dangerous Real Estate, LLC

Special Listing Condition Flood Plain

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Matthew Marshall • Drake Real Estate & Investment

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Debbie Waters

+1(972) 841-8461

Agent | License ID: 0623163

Agent License ID: 0623163