Description
Perfectly situated on US Highway 181 in fast growing Portland, Texas, 902 US Hwy 181 stands ready for the next property owner. With 38,014 AADT on Highway 181 and 9,640 vehicles daily on the feeder road, this 0.30 acre site sports 13 parking spaces & multiple entries onto the concrete parking lot. Fully occupied, the new owner will continue to enjoy rental income monthly from Suite A through 2/28/2027 & Suite B through 2/2/2025. Located in Portland's exciting new Leisure & Entertainment District, the time could not be better for purchasing real estate in this coveted neighborhood. The enhanced zoning will draw more people as this part of town continues to enjoy Farmer's markets, unique gatherings, concerts & scenic attractions. Land & Building are for sale. Property sold subject to the existing leases. Please contact your real estate professional today to show you this rare find with amazing visibility along a South Texas major artery! Income & appreciation delivered at 902 HWY 181!
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0BEDS
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0.31ACRES
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0BATHS
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01/2 BATHS
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1,575SQFT
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$381$/SQFT
School Ratings & Info
Description
Perfectly situated on US Highway 181 in fast growing Portland, Texas, 902 US Hwy 181 stands ready for the next property owner. With 38,014 AADT on Highway 181 and 9,640 vehicles daily on the feeder road, this 0.30 acre site sports 13 parking spaces & multiple entries onto the concrete parking lot. Fully occupied, the new owner will continue to enjoy rental income monthly from Suite A through 2/28/2027 & Suite B through 2/2/2025. Located in Portland's exciting new Leisure & Entertainment District, the time could not be better for purchasing real estate in this coveted neighborhood. The enhanced zoning will draw more people as this part of town continues to enjoy Farmer's markets, unique gatherings, concerts & scenic attractions. Land & Building are for sale. Property sold subject to the existing leases. Please contact your real estate professional today to show you this rare find with amazing visibility along a South Texas major artery! Income & appreciation delivered at 902 HWY 181!