347 N Cherry Ln, White Settlement, TX 76108

$499,000

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List Price
$499,000
Price Change
▼ $33,000 1775713499
MLS#
21121857
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1970
Construction Status
Preowned
Acres
0.33
County
Tarrant
City
White Settlement
Subdivision
Sunset Gardens Add

Property Description

OWNER FINANCE AVAILABLE. Incredible opportunity to own a commercial building with a rare, grandfathered residential apartment—perfectly positioned in the heart of White Settlement off Cherry Lane, complete with views of Downtown Fort Worth. The commercial piece is fully occupied generating approximately $2,800 a month. This versatile property includes three commercial spaces and a small residential apartment that is legally grandfathered in. The property is directly across the street from The City's Dog Park. Multiple uses for this building include: construction type of business: plumbing, electrical or supply; with a little reconstruction, it could be a laundromat; general office space; Veterinarian; dog grooming salon, furniture store; church; non-profit organization; with reconstruction: a hair or nail salon or both! Great spot for a Nail Bar; package shipping business; multiple types of retail including but not limited to: small store front; grocery store, donation station, the possibilities are endless! Located just minutes from Lockheed Martin, a major billion-dollar employer, and only moments from I-30 and Loop 820, this site offers unmatched accessibility and visibility. The building features ample parking, excellent road frontage, and low-maintenance construction, making it an ideal investment for hands-off ownership. One tenant is secured under lease through January 2026, offering stable, predictable income. The water bill is held in the owner’s name and fairly divided among tenants based on usage. The owner also maintains the yard, keeping operational demands minimal. The property is currently managed by a professional management company that can continue under new ownership for a seamless transition. Opportunities like this rarely hit the market. No survey available.

Additional Information

Unexempt Taxes
$7,699
Tenant Pays
AllUtilities, Repairs
Lot Size
14,287
Flooring
Concrete
Foundation
Slab
Roof
Concrete
Building Stories
1
Parking Garage
Additional Parking, Driveway, Parking Lot
Proposed Use
Other
Inclusions
Land & Improvements
Possession
CloseOfEscrow

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Teresa Von Illyes from AmeriPlex Realty, Inc.. Contact: