Urban-High Street

1514 W Magnolia

1514 W Magnolia Ave, Fort Worth, TX 76104

Listing Price: Request For Offer

Gross SF
3,600
Rentable SF
3,600
Lot Size
0.12 acres
Year Built
1935

Investment Overview

Marcus & Millichap is pleased to present 1514 W Magnolia, a 3,600-square-foot retail asset situated on 0.12 acres and located at 1514 West Magnolia Avenue in Fort Worth, Texas. This urban infill redevelopment opportunity is located in the rapidly transforming Near Southside submarket of Fort Worth and is proximate to the Medical District. The subject property is just 2.3 miles away from Texas Christian University and 2.2 miles away from downtown Fort Worth. Several new construction projects are underway in the surrounding area including a new Mix-Use office/retail center down West Magnolia Avenue and new Senior Housing down the street on 8th Avenue. These new developments are expected to bring numerous multi-family housing units and supporting office and retail assets into the immediate submarket.

The city of Fort Worth is the 13th largest city in the country, with a population of just under one million. Factors such as the relatively low cost of living, recent corporate relocations, and opportunity for development have driven more new residents to the Dallas-Fort Worth markets than ever before. In addition, the centralized location of the Metroplex, including the close proximity to major airports, access to major thoroughfares, and over 90 miles of a light rail system provides residents ease of access to multiple commuting options.

Overall, 1514 W Magnolia provides a new investor or owner/user the opportunity to acquire an extremely well-located urban infill asset, proximate to many of the main traffic generators in core Fort Worth. This proximity to the Medical District and emerging Near Southside is beneficial to retail uses, seeing many employees from the hospitals and offices venture over to this area in search of weekly dining options. The subject property is currently zoned NS-T4, which allows for general commercial uses, including retail, office and light industrial, with the permission for alcohol sales and on-premises consumption.

Investment Highlights

  • Second Generation Restaurant Asset | Prime Urban Infill Location
  • 3,600-Square-Foot Building | Situated on 0.12 AC
  • Hard Corner on Rapidly Developing W Magnolia Ave
  • Located In Near Southside District & Proximate to the Medical District
  • 2.3 Miles to Texas Christian University | 2.2 Miles to Downtown Fort Worth

Exclusively Listed By

Financing By

Listing Price: Request For Offer

Gross SF
3,600
Rentable SF
3,600
Lot Size
0.12 acres
Year Built
1935

Investment Highlights

  • Second Generation Restaurant Asset | Prime Urban Infill Location
  • 3,600-Square-Foot Building | Situated on 0.12 AC
  • Hard Corner on Rapidly Developing W Magnolia Ave
  • Located In Near Southside District & Proximate to the Medical District
  • 2.3 Miles to Texas Christian University | 2.2 Miles to Downtown Fort Worth

Investment Overview

Marcus & Millichap is pleased to present 1514 W Magnolia, a 3,600-square-foot retail asset situated on 0.12 acres and located at 1514 West Magnolia Avenue in Fort Worth, Texas. This urban infill redevelopment opportunity is located in the rapidly transforming Near Southside submarket of Fort Worth and is proximate to the Medical District. The subject property is just 2.3 miles away from Texas Christian University and 2.2 miles away from downtown Fort Worth. Several new construction projects are underway in the surrounding area including a new Mix-Use office/retail center down West Magnolia Avenue and new Senior Housing down the street on 8th Avenue. These new developments are expected to bring numerous multi-family housing units and supporting office and retail assets into the immediate submarket.

The city of Fort Worth is the 13th largest city in the country, with a population of just under one million. Factors such as the relatively low cost of living, recent corporate relocations, and opportunity for development have driven more new residents to the Dallas-Fort Worth markets than ever before. In addition, the centralized location of the Metroplex, including the close proximity to major airports, access to major thoroughfares, and over 90 miles of a light rail system provides residents ease of access to multiple commuting options.

Overall, 1514 W Magnolia provides a new investor or owner/user the opportunity to acquire an extremely well-located urban infill asset, proximate to many of the main traffic generators in core Fort Worth. This proximity to the Medical District and emerging Near Southside is beneficial to retail uses, seeing many employees from the hospitals and offices venture over to this area in search of weekly dining options. The subject property is currently zoned NS-T4, which allows for general commercial uses, including retail, office and light industrial, with the permission for alcohol sales and on-premises consumption.

Exclusively Listed By

Financing By

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