Dallas, TX 75208 832 W 7th Street
$599,000
19 more
Presented By: Decarla Anderson with Compass RE Texas, LLC; 214-695-9043
Home Details
Fantastic 10% cap rate investment opportunity anchored by a well-established long term restaurant tenant and recently negotiated new lease. INVESTMENT OPPORTUNITY near the Bishop Arts District. Exceptional investment opportunity in the heart of one of the city's most charming & historic areas. The area attracts locals and tourists, ensuring consistent foot traffic and visibility. This popular dining spot is a staple in the Vegan community. The neighborhood is experiencing continued growth and revitalization, with new businesses and developments enhancing property values and attracting more visitors. Capitalize on the prime location, popularity, and charm of the neighborhood that continues to attract a diverse and affluent demographic. Take advantage of the area's ongoing growth and development potential for future appreciation. This is a rare opportunity to invest in a property that combines historic charm with modern amenities and a stable, long-term income stream.
Presented By: Decarla Anderson with Compass RE Texas, LLC; 214-695-9043
Interior Features for 832 W 7th Street
Other Interior Features
SQFT Gross1280
Lock Box TypeSee Remarks
FlooringOther
Total Stories1
Total Units1
General for 832 W 7th Street
Average Monthly Lease2864
Building UseRestaurant
Business TypeFood & Beverage, Restaurant
Ceiling HeightOther
CityDallas
Construction MaterialsFrame
CoolingCentral Air
CountyDallas
DirectionsFrom Bishop Arts District, drive west on 7th Street. Property will be located on the southside of the street.
ExclusionsNon realty items owned by tenant or tenant's business.
Gross Annual Expenses39907.00
HeatingCentral
Occupant TypeTenant
Owner PaysNone
PossessionOther
Property SubtypeBusiness
Property TypeCommercial Sale
RoofShingle
Standard StatusActive
StatusActive
Subdivision NameGeorge J Bryans Rev
Tenant PaysAll Utilities, Insurance, Taxes
Unexempt Taxes6067
UtilitiesCity Sewer, City Water, Curbs, Individual Gas Meter, Individual Water Meter
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1930
Year Built DetailsPreowned
Zoning DescriptionResidential
Planned Development District
Exterior for 832 W 7th Street
Building Area Total1280.00
Foundation Pillar/Post/Pier
Lot SizeLess Than .5 Acre (not Zero)
Lot Size Acres0.1350
Lot Size Area0.1350
Lot Size Dimensions50x119
Lot Size SourceAssessor
Lot Size Square Feet5880.6000
Lot Size UnitsAcres
Parking FeaturesOn Street, Open