Longview, TX 75604 603 W Cotton Street

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Presented By: Matthew Marshall with Drake Real Estate & Investment; 903-581-3737
  • MLS# 20594952
  • 04/22/2024
  • Request Tour
  • Request Info

Home Details

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.
Presented By: Matthew Marshall with Drake Real Estate & Investment; 903-581-3737

Interior Features for 603 W Cotton Street

Other Interior Features

SQFT Gross31487
Lock Box TypeNone
FlooringCarpet, Varies
Total Stories1
Total Units2

General for 603 W Cotton Street

Building UseIndustrial, Office/Warehouse
Business NameAVCO
Business TypeIndustrial, Warehouse
Ceiling Height11 to 14 Feet
CityLongview
Construction MaterialsMetal Siding
CoolingCentral Air, Electric
CountyGregg
DirectionsFrom 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 6
Gross Annual Expenses20744.00
HeatingCentral, Electric
Number Of Leaseable Spaces2
Number Of Spaces Leased1
Occupant NameAVCO
Occupant TypeTenant
Operating Expense IncludesInsurance
PossessionClosing/Funding
Property SubtypeIndustrial
Property TypeCommercial Sale
RoofFlat, Metal
Special NotesFlood Plain
Standard StatusActive Under Contract
StatusActive Option Contract
Subdivision NameBUTTS W T SUR
Tenant PaysAll Utilities
Unexempt Taxes14883
UtilitiesCity Sewer, City Water, Electricity Connected
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1974
Year Built DetailsPreowned
Zoning DescriptionLight Industrial

Exterior for 603 W Cotton Street

Building Area Total31487.00
Foundation Slab
Freight DoorsGrade Level
Lot FeaturesAcreage, Corner Lot, Level
Lot Size5 to < 10 Acres
Lot Size Acres6.7700
Lot Size Area6.7700
Lot Size SourcePublic Records
Lot Size Square Feet294901.2000
Lot Size UnitsAcres
Parking FeaturesOff Street, On Site, Parking Lot
Road Frontage TypeCity Street

Additional Details

Price History

Mec Cheney

Realtor
Price $1,400,000
MLS#20594952
List Date 04/22/2024
Property Type Contingent
Phone 903.570.7479
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