Address
505 E Division Street, Arlington, TX
Price
$ 3,500,000
Property Attributes
  • MLS#14582464
  • TypeCommercial
  • CountyTARRANT
  • CityArlington
  • NeighborhoodToliver Acres Add
  • Zip76011
  • StyleHotel/Motel
  • Year Built1940
  • Taxes$ 13184
  • Price$ 3,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage12518
  • Lot Size1.326 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Located in the heart of the Arlington Entertainment District, this 1.33 acre property is just waiting for redevelopment. This is rare space in Downtown Arlington that would be perfect for a restaurant, entertainment spot, or whatever you choose to make it. 503 E. Division and 505 E. Division are being sold as a package deal and the real value is in the land. Your neighbors are Legal Draft Beer Co., The Tipsy Oak, Cartel Taco Bar, and Cane Rosso. Six Flags, AT&T Stadium, Globe Life Field, and the University Of Texas at Arlington are all just minutes away. Don't miss out on making your mark in this terrific location.

Price History
5/21/2021 Listed $5,800,000
7/21/2022 14% - $5,000,000
7/27/2023 30% - $3,500,000

General Features

Heating Other
Cooling Other,Window Unit(s)
Utilities City Sewer,City Water
Ceiling Height Other
Possession Closing/Funding
Roof Composition
Exclusions any owned minerals
Year Built 1940
Tenant Pays Other
Unexempt Taxes 13184
Building Use Hotel/Motel,Other
Will Subdivide No
Gross Annual Expenses 0.00
Property SubType Hotel/Motel
Subdivision Name Toliver Acres Add
Zoning Description Com
Occupant Type Owner
County Tarrant
Property Type Commercial Sale
Construction Materials Brick
Year Built Details Preowned
Special Notes Aerial Photo
Commercial Features Other
Status Active
Directions From S. Cooper St,east on Division and both properties will be on your left
City Arlington
Buyer Agent Compensation 2
Street Name Division
Virtual Tour URL Unbranded www.propertypanorama.com/instaview/ntreis/14582464
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Flooring Carpet,Ceramic Tile
Total Stories 1
SQFT Gross 12518
Lock Box Type None
Street Suffix Street

Exterior Features

Lot Size Source Assessor
Parking Features Other
Lot Size 1 to < 3 Acres
Foundation Pillar/Post/Pier
Lot Size Area 1.3260
Lot Size Units Acres
Construction Materials Walls Other
Building Area Total 12518.00
Lot Size Square Feet 57760.5600
Lot Size Acres 1.3260

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 76011

Price
AVG $2.24M
$3.5M
Taxes
AVG $13,291
$13,184
Visits
AVG 657
1262
Data Provided by Inside Real Estate®
Year Built
AVG 1959
1940
Walkscore
AVG 60
60
Data Provided by Walkscore® not using MLS data

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