603 W Cotton Street Longview, TX $ 1,500,000
603 W Cotton Street
$ 1,500,000
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603 W Cotton Street

Longview, TX, 75604
$ 1,500,000
Baths0.0

Monthly Estimate*

$ 10,478

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Studio

Commercial Property for sale in Longview, TX

for $1,500,000. This building was built in 1974 on a lot size of 6.77.

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.

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Commercial Active

Price

$ 1,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 14,883

Style

Industrial

Lot Size

6.77

Year Built

1974

Town/City

Longview

County/Region

Gregg

MLS | Web ID

20594952

Features
General
Heating Central Electric
Cooling Central Air Electric
Utilities City Sewer City Water Electricity Connected
Ceiling Height 11 to 14 Feet
Possession Closing/Funding
Roof Flat Metal
Year Built 1974
Business Type Industrial Warehouse
Business Name AVCO
Property SubType Industrial
Subdivision Name BUTTS W T SUR
Occupant Type Tenant
County Gregg
Property Type Commercial Sale
Construction Materials Metal Siding
Year Built Details Preowned
Special Notes Flood Plain
Status Active
Directions 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 6
City Longview
Buyer Agent Compensation 3
Street Name Cotton
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Lot Features Acreage Corner Lot Level
Lot Size Source Public Records
Parking Features Off Street On Site Parking Lot
Lot Size 5 to < 10 Acres
Foundation Slab
Building Area Total 31487.00
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Interior
Flooring Carpet Varies
Total Stories 1
Total Units 2
Street Suffix Street
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Internal Only
Street Number 1 603
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* Excluded Features
List By
Matthew Marshall

Listing Agent

Drake Real Estate & Investment

Broker

Affordability Calculator

$11,718
Per Month
89%
11%
0%
Monthly Principal & Interest
$10,478
Monthly Property Taxes
$1,240
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
4/22/2024 $1,500,000 Listed Price

Map


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603 W Cotton Street, Longview, TX, 75604 is a Commercial Property for sale at $1,500,000 with a lot size of 6.77. 603 W Cotton Street is a studio with 0.0 baths and was built in 1974. The property's zip code is 75604 which is in Longview, TX