Address
504 N Ridgeway Drive, Cleburne, TX
Price
$ 925,000
Property Attributes
- MLS#20475841
- TypeCommercial
- CountyJOHNSON
- CityCleburne
- NeighborhoodLincoln Park
- Zip76033
- StyleOffice
- Year Built1997
- Taxes$ 18579
- Price$ 925,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.941 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
100% LEASED WITH RENT INCREASES AS OF APRIL 1, 2024. Well maintained professional office building located in prime commercial area of North Ridgeway Drive. 4 suites each with front entrances and back doors. Monument signage. Additional parking in back and to south at the back of property. Tenants pay utilities. Electric and gas are separately metered. Water is on one meter. Roof is approximately 2 years old and seller says roof has lifetime warranty. Central heat and air. Approximately 94 feet frontage on N Ridgeway Drive. 31 Parking spaces. Zoning is Regional Commercial and land use chart is in documents. Lots of opportunity for this investment property located in the heart of Cleburne businesses activity.
| Price History | |
|---|---|
| 11/15/2023 | Listed $925,000 |
General Features
| Heating | Central,Electric |
|---|---|
| Cooling | Central Air,Electric |
| Utilities | All Weather Road,Asphalt,City Sewer,City Water,Master Gas Meter,Master Water Meter |
| Ceiling Height | 8 to10 Feet,Suspended |
| Possession | Subject to Lease |
| Roof | Tar/Gravel |
| Year Built | 1997 |
| Tenant Pays | All Utilities |
| Business Type | Commercial,Professional Office,Professional Service |
| Unexempt Taxes | 18579 |
| Building Use | Beauty/Barber,Building Services,Medical,Office,Retail,Other |
| Owner Pays | Common Area Maintenance,Grounds Care,Taxes |
| Will Subdivide | No |
| Gross Annual Expenses | 3000.00 |
| Property SubType | Office |
| Subdivision Name | Lincoln Park |
| Accessibility Features | Accessible Approach with Ramp |
| Zoning Description | RC - Regional Commercial (see land use chart in documents) |
| Insurance Expense | 7617 |
| County | Johnson |
| Property Type | Commercial Sale |
| Construction Materials | Brick |
| Year Built Details | Preowned |
| Number Of Spaces Leased | 4 |
| Green Landscaping | Native Landscape |
| Status | Active |
| Directions | From W Henderson St. (Business 67),north on N Ridgeway Dr. Property on right. |
| City | Cleburne |
| Buyer Agent Compensation | 3 |
| Street Name | Ridgeway |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20475841 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Flooring | Carpet,Ceramic Tile |
|---|---|
| Occupancy Rate | 100 |
| Total Stories | 1 |
| Total Units | 4 |
| SQFT Gross | 6860 |
| Lock Box Type | Combo |
| Street Suffix | Drive |
Exterior Features
| Lot Features | Interior Lot,Landscaped |
|---|---|
| Lot Size Source | Assessor |
| Parking Features | Common,On Site |
| Lot Size | .5 to < 1 Acre |
| Foundation | Slab |
| Lot Size Area | 0.9410 |
| Lot Size Units | Acres |
| Construction Materials Walls | Texture |
| Building Area Total | 6860.00 |
| Road Frontage Type | City Street |
| Lot Size Square Feet | 40989.9600 |
| Lot Size Acres | 0.9410 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 76033
Price
Taxes
Visits
Year Built
Walkscore
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