347 N CHERRY LANE, WHITE SETTLEMENT, TX 76108
Homes for sale in White Settlement.
Homes for sale in 76108.
List Price$499,000
347 N Cherry Lane
White Settlement, TX 76108
Listing #21121857
About This Property
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.
Property Features
Location Information
County
Tarrant
Subdivision
Sunset Gardens Add
Interior Features
Has Fireplace
No
Floors
Concrete
Heating
Central
Tenant Pays
All Utilities, Repairs
Cooling
Central Air
Total Number of Units
3
Exterior Features
Construction
Concrete
Lot Size in Sq. Ft.
14,287
Foundation
Slab
Possible Best Use
Other
Roof
Concrete
Zoning
Commercial with grandfathered residential
Utilities
Sewer Available, Water Available
Building Total Area (Sq. Ft.)
3,550
Parking Description
Additional Parking, Driveway, Parking Lot
Road Description
City Street
Lot Size in Acres
0.328
Is One Story
No
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
COM
Tax Annual Amount
7699.0
Property SubType
Retail
Exclusions
Minerals, if any.
Year Built
1970
Lot Acres Source
Assessor
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Mortgage Calculator
$2,329
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,798
Monthly Tax
$415
Monthly Insurance
$116
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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Walk Score
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