5524 E Lancaster Ave, Fort Worth, TX 76112

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List Price
$429,000
Status
ACTIVE
MLS#
21421783
Subtype
CommercialSale
Construction Status
Preowned
Year Built
1972
Lot Size
10,977
Acres
0.25
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.

Additional Information

Taxes
$4,255
Flooring
Concrete
Heating
Central, Electric
Air Conditioning
Central Air, Electric
Roof
Composition
Foundation
Slab
Parking Features
Paved, Covered, Carport

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Calculator source: Real Geeks

Listing courtesy of Hayman Shwan from Competitive Edge Realty LLC. Contact: 214-604-2477

Listings 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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