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3425 S Grove Street, Fort Worth, TX 76110
$899,000
3425 S Grove Street, Fort Worth, TX 76110View this property at 3425 S Grove Street, Fort Worth, TX 76110
3425 S Grove StreetFort WorthTX76110
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Property Description
Introducing a prime investment opportunity located just off I-35! This versatile property is currently operating as a thriving bar and event center, making it the ideal venture for those seeking a lucrative investment with positive cash flow. Situated in a strategic location just off the bustling I-35, this property offers excellent visibility and accessibility, ensuring a steady stream of patrons and guests. The existing bar and event center have already established a successful track record, making this an enticing opportunity for savvy investors. The property's layout and amenities make it suitable for a variety of purposes beyond its current use. Explore the possibilities of transforming it into a restaurant, nightclub, or even a multifunctional entertainment venue. The flexible nature of the space allows for creative adaptations to meet evolving market demands. NDA is required for financial statements.
Full Property Details
Full Property Details for 3425 S Grove St
General
- Price: $899,000
- Taxes: $4,660
- Status: Active
- Type: Business
- MLS ID: 20501941
- Updated: 4/4/2024
- Added to Site: 122 day(s) ago
Business
- Business Type: Bar/Tavern/Lounge, Dance Studio, Hospitality
Interior
- Flooring: Hardwood
Parking
- Parking Features: Parking Lot
Location
- County: Tarrant
- Subdivision: Ryan & Pruitt
- Driving Directions: GPS Friendly
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Block
- Roof: Asphalt
- Stories/Levels: 1
- Square Feet: 3,920
- Sq. Ft. Source: Owner
- Year Built: 1972
Lot Features
- Lot Size (Acres): 0.64
- Lot Size (Sq. Ft.): 27,878.4
- Lot Size Source: Owner
- Zoning: Light Industrial
Financial Considerations
- Tax Amount: $4,660
- Tenant Pays: All Utilities
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Special Conditions: Standard
- Legal Description: RYAN & PRUITT BLOCK 56 LOT 7
- Inclusions: Business, Furniture, Inventory, Land & Improvements
- Property ID: 2598086
- Block: 56
- Lot Number: 7
Listed by Montano Real Estate, Celia Montano
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Schools
Schools serving 3425 S Grove St
School District:Fort Worth Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
3300 S Henderson St, Fort Worth, TX 76110 | PK-5 | 1 mi | |
1501 W Seminary Dr, Fort Worth, TX 76115 | 7-8 | 1.6 mi | |
Rosemont 6th Grade
3908 McCart Ave, Fort Worth, TX 76110 | 6-6 | 1.9 mi | |
3001 Forest Park Blvd, Fort Worth, TX 76110 | 9-12 | 1.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3425 S Grove St
Date
Details
Price
Change
Source
2/18/2024
Price Reduced
$899,000
-5.37%
MLS
2/01/2024
Price Reduced
$950,000
-5%
MLS
12/29/2023
Listed
$1,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3425 S Grove St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,660
7%
$205,939
23%
2022
$4,339
-6%
$166,895
-3%
2021
$4,604
-2%
$171,266
—
2020
$4,698
18%
$171,266
14%
2019
$3,994
4%
$150,888
8%
2018
$3,841
-1%
$139,635
—
2017
$3,889
-2%
$139,635
—
2016
$3,956
5%
$139,635
6%
2015
$3,781
1%
$131,800
—
2013
$3,741
—
$131,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3425 S Grove St
3425 S Grove Street, Fort Worth, TX 76110 (MLS# 20501941) is a Business property. 3425 S Grove Street is currently listed for $899,000 and was received on December 29, 2023. Want to learn more about 3425 S Grove Street? Do you have questions about finding other Business real estate for sale in Fort Worth? You can browse all Fort Worth real estate or contact a Coldwell Banker agent to request more information.