902 US HIGHWAY 181, PORTLAND, TX 78374
Homes for sale in Portland.
Homes for sale in 78374.
List Price$600,000
902 US Highway 181
Portland, TX 78374
Listing #444974
1,575
Square Feet
2
Number of Units
Commercial
Type
About This Property
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 the remainder of the lease. 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!
Property Features
Location Information
County
San Patricio
Subdivision
Portland-Portland Tier H
Interior Features
Heating
Central, Electric
Total Number of Units
2
Cooling
Central Air
Exterior Features
Stories
1
Topography
Level
Construction/Exterior
Brick, HardiPlank Type
Lot Size in Acres
0.31
Foundation
Slab
Lot Size in Sq. Ft.
13,359
Possession
Subject To Tenant Rights
Buildings
1
Water / Sewer
Public Sewer
Road Description
Paved
Water
Public
Road Frontage
All Weather Road, City Street, Highway, Interstate
Parking Description
Concrete, Front Entry, Rear/Side/Off Street
Has Waterfront
No
Has Garage
Yes
Is One Story
Yes
Garage Spaces
13
Additional Information
Roof/Attic
Shingle
Property SubType 2
Commercial Sale
Other Utilities
Overhead Utilities, Sewer Available, Underground Utilities, Water Available
Year Built
2001
Property Type
COM
Status
Active
Property SubType
Office
Square Feet Source
Appraiser
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Mortgage Calculator
$2,802
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,162
Monthly Tax
$500
Monthly Insurance
$140
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.
Schools
Walk Score
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