Attention Investors and 1031 Exchange Customers! Exceptional opportunity to own a fully leased mixed-use property in the heart of historic downtown Caldwell, just steps from the town square. Ideally situated along a main thoroughfare, this highly visible property enjoys prime exposure during local parades, festivals, and community events. The building has been renovated with updated finishes and attention to detail. The upstairs features stylish, modern apartments with full kitchens, appliances, attractive countertops, renovated bathrooms, and updated flooring throughout. The upstairs units have their own private entrance, offering convenience and privacy for tenants. The downstairs space has also been thoughtfully renovated with bright, inviting finishes that create an attractive environment for a variety of commercial or mixed-use opportunities. It is currently leased and has previously demonstrated flexibility for multiple uses. All appliances in each unit will convey with the sale. With all units currently leased, this property offers immediate income potential while providing an excellent long-term investment in one of Caldwell's most desirable downtown locations. Photos were taken prior to tenant occupancy. All units are currently leased.
Caldwell is located in Texas. Caldwell, Texas has a population of 4,013. Caldwell is more family-centric than the surrounding county with 43.02% of the households containing married families with children. The county average for households married with children is 29.71%.
The median household income in Caldwell, Texas is $53,892. The median household income for the surrounding county is $64,109 compared to the national median of $69,021. The median age of people living in Caldwell is 36.8 years.
The average high temperature in July is 94.7 degrees, with an average low temperature in January of 38.4 degrees. The average rainfall is approximately 38.8 inches per year, with 0 inches of snow per year.
