5524 E Lancaster Ave, Fort Worth, TX 76112
- $429,000
- List Price
- $429,000
- MLS#
- 21421783
- Status
- ACTIVE
- Type
- Commercial
- Subtype
- CommercialSale
- Year Built
- 1972
- Construction Status
- Preowned
- Acres
- 0.25
- County
- Tarrant
- City
- Fort Worth
- Subdivision
- Haines Place Add
Property Description
Situated along East Lancaster in Fort Worth, this fully leased commercial property presents an excellent investment opportunity with 100% occupancy and immediate cash flow. Currently operating as a car wash, the property offers multiple potential future uses, subject to City of Fort Worth approval and applicable zoning requirements. Potential uses may include retail shops, a gas station, or a mechanic shop with approval of a Specific Use Permit (SUP), if required. Investors can continue the existing car wash operation or explore alternative development opportunities. The current lease expires at the end of July 2027, providing a defined timeline for future planning. An attractive opportunity for investors seeking income potential, flexibility, and long-term appreciation.
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Additional Information
- Unexempt Taxes
- $4,255
- Tenant Pays
- AllUtilities, Other
- Lot Size
- 10,977
- Acres
- 0.25
- Flooring
- Concrete
- Foundation
- Slab
- Roof
- Composition
- Building Stories
- 1
- Parking Garage
- Paved, Covered, Carport
- Possession
- CloseOfEscrow
- Business Name
- Good Girls Car Wash
- Proposed Use
- Automotive, Office
- Inclusions
- Land & Improvements
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Listing courtesy of Hayman Shwan from Competitive Edge Realty LLC. Contact: 214-604-2477
Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
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