Richardson, TX 75080,1616 Gateway Boulevard

$1,875,000

Est. payment /mo
Est.Price: ?

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1616 Gateway Boulevard Richardson, TX 75080

7,992 SqFt

SOLD DATE : 03/14/2022

Key Details

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 7,992 sqft

Price per Sqft $234

Subdivision Christian Medical Society

MLS Listing ID 14604474

Sold Date 03/14/22

Total Fin. Sqft 7992

Year Built 1979

Annual Tax Amount $18,989

Lot Size 0.747 Acres

Acres 0.747

Property Description

This 7992 sqft building is ready for a new owner. It already has monument signage and the roof and 6 new Trane HVAC systems were replaced in 2018. The roof is a top of the line white energy efficient TPO roof. The property is located right in the heart of the telecom district and can be purchased as an owner occupy or investment property. Cap Rate is 6.51%. It could also be purchased by an owner that wants to occupy half of the space and lease out the other half as additional income. It has easy access to The University of Texas Dallas, a half a dozen major hospitals, the new City Line development, shopping and restaurants. It also has easy access to I-75 and PGBT.

Location

State TX

County Dallas

Zoning C-M

Direction Google or GPS

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Carpet, Ceramic Tile

Heat Source Central, Electric

Exterior

Utilities Available Asphalt, City Sewer, City Water, Concrete, Curbs

Roof Type Other

Garage No

Building

Foundation Slab

Structure Type Brick

Others

Ownership Ask Agent

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Other

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Stephen Hargrove • Keller Williams Realty DPR
Bought with Jackson Thankachen • Covenant Realty Services

Marlene Treviño

Global Luxury Real Estate Advisor | License ID: 0696610

+1(817) 233-3232

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