OFF MARKET COMMERCIAL BUILDING 4290 Highland Ave, Beaumont, TX 77705

Off Market Commercial Property for Sale!
Business/Investment Opportunity in Beaumont, TX.

Ideal use for a Bank, Church, Reception Hall, Offices, Classrooms, or Medical Facilities.

PROPERTY FACTS:
-Property Class COMMERCIAL Property -Type Store/Office (mixed use)
-Building Area 4,430 SqFt.
-Living Area 4,430 SqFt.
-Gross Area 4,430 SqFt
-Lot Width 113
-Lot Depth 140
-Lot Size 0.363 acres
-Lot Area 15,81SqFt.
-Year Built 1978

ASKING PRICE 150K

Please do your due diligence, property SOLD \"AS IS\" Estimated Repairs 70K

Estimated repairs on the roof- $55-60K. The walkway needs to be demod, small sheetrock job in the kitchen area and any updating buyer wants to do. Basically about $70k repairs. Tax values at $200k but it\'ll go up depending on what the buyer does. FYI, we can finance the work if the buyer does not want to roll it in the loan. There\'re cheaper ways to do the roof but we can\'t do it and warranty the work if it\'s not a complete replacement/restoration.

HVAC System: The outside units were replaced about 3 years ago. With a business the rents really vary based on what you decide to do with it. The area averages 2 to 4k for functionally obsolete properties. If you return it to its former glory 4 to 5k is definitely attainable.

Since it was a church, previous monthly payments were just electrical and insurance. About $500 depending on usage/ - taxes, but depending which type of entity is used to pick it up the buyer may have to pay out the remaining year balance.


Please click on the link to view pictures-

- is an Assignment of Contract
5,000 EMD paid directly to the title company.
SOLD \"AS IS\"
Please do your due diligence.