Mark Maldonado
Mersal Realty
License number: 0655845
mobile: (972) 658-2877
www.markmaldona­dorealty.com
$532,000
347 Cherry Lane, White Settlement, Texas 76108, USA
MLS#
21121857
Property type
Commercial for sale, Retail
Property Size
3,550 sqft (329.795 m2)
Land size
0.33 sqft (0.03 m2)
Building Size
3,550 sqft (329.8 m2)
Status
Sale price per sqm
1,613.07 $
Incredible opportunity to own a fully occupied income-producing commercial building with a rare, grandfathered residential apartment—perfectly positioned in the heart of Fort Worth’s West Side off Cherry Lane, complete with views of Downtown Fort Worth. This versatile property includes three fully leased commercial spaces: one occupied by a construction-related business, another by a vintage furniture store, and a small residential apartment that is legally grandfathered in and also leased. The property generates over $45,000 in gross income annually and is primed for a new owner seeking immediate cash flow. 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. Tenancy provides strong flexibility: Several tenants operate on month-to-month leases, giving the new owner room to adjust pricing or reposition as desired. 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—fully occupied, income-generating, low-maintenance, and ideally located—rarely hit the market. No survey available. Don’t wait—this one won’t last long!
Property Details
1970 Year Built:
Concrete/Block, Block Construction:
Resale Condition:
concrete Floors:
city water, City sewer Utilities:
Central Heating System:
Central Cooling System:
On Slab Basement and Foundation:
Concrete Roofing:
Parking / Garage
Parking Lot Parking type:
Lot Land Information
Less Than 0.5 Acre Lot size:


Listing by: AmeriPlex Realty, Inc.

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