1501 South Polk Street, Amarillo, TX, 79101

1501 South Polk Street Amarillo, TX 79101

1501 South Polk Street, Amarillo, TX, 79101
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FOR SALE
Property Type:
Multi Tenant Office
Amount:
$2,800,000
Last Verified:
Dec 10, 2024

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Highlights

  • - 50,637 SF office building
  • - Divided into 2 units
  • - Over 50 private offices possible
  • - Spacious presentation room for 100 people
  • - Multiple conference rooms available
  • - Beautiful courtyard between the two buildings
  • - Larger building spans almost 40,000 square feet
  • - Three floors of versatile office space
  • - Basement kitchen with grease trap and hood vent
  • - Ideal for office building investors

Description

Discover an exceptional opportunity in Amarillo, TX! This expansive property boasts over 50 private offices, multiple conference rooms, and a spacious presentation room capable of accommodating up to 100 individuals. The striking courtyard nestled between the two buildings adds a picturesque touch to the setting. The larger building, spanning nearly 40,000 square feet across three floors, offers the convenience of a basement kitchen with a pre-installed grease trap and hood vent, providing an ideal setup for culinary activities. This impressive layout creates a versatile and inviting space for businesses and presents an enticing prospect for potential investors.

Nestled within the vibrant city of Amarillo, the area surrounding the property offers a plethora of amenities and attractions. Nearby, investors will find the bustling downtown district, home to a variety of dining options, entertainment venues, and cultural landmarks. The property's location provides convenient access to major transportation routes, ensuring seamless connectivity for tenants and visitors alike. Within the vicinity, renowned attractions such as the Cadillac Ranch, Palo Duro Canyon State Park, and the Amarillo Botanical Gardens offer recreational opportunities and enriching experiences for professionals and visitors alike. This dynamic setting presents an appealing blend of urban convenience and natural splendor, making it an enticing prospect for office building investors seeking a desirable and well-connected location.

Building Size: 50637sq ft
Building Class: C
Lot Size: 0 acres


Documents

Sale Brochure (L)

Map of 1501 South Polk Street, Amarillo, TX, 79101

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.