Remarks

The property at 416 E. Kennedale Parkway presents a lucrative investment opportunity, particularly for those seeking a versatile commercial space. Priced at $1,050,000, this 3,612-square-foot building, set on a 0.445-acre lot, is uniquely positioned for continued success as an auto body shop or for adaptive reuse in retail, restaurant, or office applications. Grandfathered for auto body use and secured with lease agreements until mid-2026, the property ensures immediate and stable income potential. Significant renovations in 2016, including upgraded electrical systems, remodeled bathrooms, and office improvements, have modernized the space to meet contemporary needs. Its prime location, 0.5 miles from Kennedale Town Center and near major highways I-20 and I-820, guarantees high visibility with a daily traffic count of over 10,000 vehicles. Additionally, the area’s 7.75% annual population growth and median income of $117,293 indicate strong market fundamentals. With seven bays, ample parking, and proximity to established businesses like Advance Auto Parts and Texaco, this property combines functionality, location, and growth potential to appeal to investors and business owners alike.

Details

MLS#: 20645717
Price: $1,050,000

Style: Industrial
Year Built: 1981

County: Tarrant
Subdivision: Boaz Ca Sub Of J B Renfro