- For Sale $650,000
- Property Type Other
- Units 0
- Lot Size 74,923 SF
- Date Updated Apr 24, 2024
Prime development opportunity in downtown Amarillo. There are numerous incentives, tax credits and grants available to supplement the costs of development. These include Federal and State Historic Tax Credits, Center City Facade Grants and TIRZ property tax abatement. This property is located in an Opportunity Zone, Neighborhood Empowerment Zone, Food Desert and a Low Income Housing Census Tract. It would also qualify for Texas PACE financing. There is an 8,900 square foot, two story building located on the property that could be redeveloped or torn down. The owner is currently working with the City of Amarillo to have the alley abated which will add flexibility to the development opportunities. This would be a great location for a mixed use development, multi-family project or retail business. Downtown Amarillo is a vibrant and growing area. West Texas A & M University, Sharpened Iron Studios, Amarillo Sod Poodles baseball stadium, Amarillo Globe News Center and the Amarillo Civic Center all bring people to downtown Amarillo.
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
False
Contacts
Holly Coats
Keller Williams Realty Amarillo
(806) 457-2222
Location
Getting Around
-
Walk Score ®
Somewhat Walkable (59) -
Transit Score ®
Some Transit (38) -
Bike Score ®
Somewhat Bikeable (47)
- City Amarillo, TX
- Neighborhood Old San Jacinto
- Zip Code 79101
- Market Amarillo
Points of Interest
-
Valero
0.50 miles
-
Toot'n Totum
0.90 miles
-
Valero
1.11 miles
-
Valero
1.16 miles
-
Toot'n Totum
1.51 miles
-
Chevron
1.60 miles
-
Toot'n Totum
1.85 miles
-
Sam's Club
1.85 miles
-
Phillips 66
1.89 miles
-
Valero
2.02 miles
-
City of Amarillo Parking Garage
0.54 miles
-
Employee Parking Lower Level D&E
4.34 miles
-
Patient & Visitor Parking C
4.37 miles
-
Employee Parking Lower Level B
4.39 miles
-
Patient & Visitor Parking A
4.41 miles
-
Employee Parking
4.47 miles
-
Harrington Employee Parking
4.51 miles
-
Employee Parking
7.69 miles
-
Outdoor Parking
7.79 miles
-
Rick Husband Parking Garage
7.80 miles
-
Downtown Deli
0.15 miles
-
TRINITY'S
0.16 miles
-
Furrbie's
0.31 miles
-
Sunday's Kitchen
0.34 miles
-
Youngblood's Cafe
0.45 miles
-
Shi Lee's Barbecue and Soul Food Cafe
0.74 miles
-
Dairy Queen
0.83 miles
-
La Campana
1.15 miles
-
Church's Chicken
1.31 miles
-
Whataburger
1.32 miles
-
Nixson Junior High School
0.36 miles
-
McKinley School
0.41 miles
-
Saint Marys Academy
0.44 miles
-
Wolflin Elementary School
0.95 miles
-
Amarillo College
1.07 miles
-
Bivins Elementary School
1.12 miles
-
Region 16 Education Service Center Head Start Cleveland Street Center
1.16 miles
-
Sanborn Elementary School
1.19 miles
-
Mann Middle School
1.22 miles
-
North Heights Alternative School
1.24 miles
-
Children's Circle of Friends
2.21 miles
-
Imagination Station
6.37 miles
-
Unique Individuals
6.77 miles
Contact Listing Broker
Holly Coats
Keller Williams Realty Amarillo
(806) 457-2222