Investment Overview

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/2535/ CBRE, J.M. Prewitt Company and Marcus & Millichap are proud to present the opportunity to purchase 380 Main Street & 425 Pine Street (the “Property”), a ±66,352 SF commercial building and separate 0.50-acre parking lot located in Beaumont, Texas. Well located and surrounded by a deep amenity base, this office and warehouse space presents an investor the opportunity to purchase at an attractive basis in a dense market. The Property, covering 1.82 acres, is comprised of a 3-story building, 5-level parking garage with room for 42 parking spaces, and two surface parking lots with room for 94 parking spaces. The Property features great visibility and benefits from being one block from Crockett Street Entertainment District. Additionally, the Property benefits from being near Port of Beaumont, I-10, and numerous area amenities including retail, historic landmarks, museums, and other facilities. Zoned CBD, Central Business District, the Property allows for flexible office and commercial uses, appealing to a wide range of end-users. The City of Beaumont is actively reimagining its downtown through the Vision 2035 Downtown Revitalization and Riverfront Expansion plan. The Property stands to benefit from its close proximity to the city's proposed improvement district. Learn more here: https://www.beaumonttexas.gov/556/Beaumont-Vision-2035-Downtown-Plan. Beaumont is a regional hub in Southeast Texas with a population of approximately 110,000 and forms part of the Beaumont–Port Arthur MSA. The city is home to major facilities operated by ExxonMobil, Goodyear, and the Port of Beaumont—one of the nation’s busiest in terms of tonnage, especially for military and industrial goods. The site is conveniently located just one mile from I-10, a major east-west corridor connecting to Houston (90 miles), Austin (251 miles), and New Orleans (260 miles). Positioned between Houston and Lake Charles, it sits within a vital industrial and logistics corridor serving the petrochemical, shipping, and energy industries. The Property’s surrounding area features strong and compelling demographics with a population of approximately ±85,930 and an average household income of ±$69,258 within a 5-mile radius.