Mixed Use Retail / Residential Re-Development Opportunity - Downtown Hillsboro, TX

207 East Elm Street, Hillsboro, TX

$450,000

Price

15,000 sqft

Building Size

0.14 acres

Lot Area

Gallery
Street
Map
Overview
Building Size
15,000 sqft
Lot Area
0.14 acres
Class
C
Year Built
1945
Zoning
CBD
Tenancy
Multiple
Floors
3
Freight Elevator
1
Number of Elevators
1
Roof
Membrane
HVAC
Yes
Heating
HVAC
Cooling
HVAC
Investment Strategy
Opportunistic
Description

Seller is negotiable and will consider reasonable offers. Possible seller financing available.

 

FOR SALE! Mixed Use development opportunity in downtown Hillsboro, TX. The city of Hillsboro is located along IH-35 and between Dallas-Ft Worth and Waco. The building is 3 floors (2 stories with a mezzanine) and approximately 15,000 sf of wide open space. The layout offers ample opportunity to re-develop into a mixed used income-generating property. The location is ideal for retail & office uses being on one of the main thoroughfares in the downtown area. Current Zoning (Central Business District) allows for many flexible uses including retail, restaurant, office, condo, multifamily…etc. The building is currently set up for retail/office on the 1st floor and residential on the 3rd floor. There are incentive programs available through the city to assist with re-development.



To see additional property pictures and information…please visit our website @ http://bwetzel.kellyrealtorscommercial.com/p/207-E-Elm-St-Hillsboro-TX-76645/dmgid_158007076


For more information on the incentives offered…please visit…https://www.hillsboromainstreet.org/grants


Hillsboro Community Development / Zoning Ordinance - https://www.hillsborotx.org/departments/CommunityDevelopment


City of Hillsboro Website - https://www.hillsborotx.org/


Hillsboro Economic Development - https://hillsborotxedc.com/living_here/hillsboro








Approximately 15,000 sf


3 story/floors


City incentives available for re-development


Central, Downtown location


Flexible CBD Zoning


Good, Local Consumer Traffic


Retail/Office on the 1st and 2nd floor


Residential on the 3rd floor

Highlights
  • Approximately 15,000 Sf
  • 3 Story/Floors
  • City incentives available for re-development
  • Central, Downtown Location
  • Flexible CBD Zoning
  • Good, Local Consumer Traffic
  • Retail / Office on 1st and 2nd Floor
  • Residential on 3rd Floor
Documents
Location
Gallery