347 N Cherry LaneWhite Settlement, TX 76108

Description

OWNER FINANCE AVAILABLE. Incredible opportunity to own a commercial building with a rare, grandfathered residential apartment—perfectly positioned in the heart of White Settlement off Cherry Lane, complete with views of Downtown Fort Worth. The commercial piece is fully occupied generating approximately $2,800 a month. This versatile property includes three commercial spaces and a small residential apartment that is legally grandfathered in. The property is directly across the street from The City's Dog Park. Multiple uses for this building include: construction type of business: plumbing, electrical or supply; with a little reconstruction, it could be a laundromat; general office space; Veterinarian; dog grooming salon, furniture store; church; non-profit organization; with reconstruction: a hair or nail salon or both! Great spot for a Nail Bar; package shipping business; multiple types of retail including but not limited to: small store front; grocery store, donation station, the possibilities are endless! Located just minutes from Lockheed Martin, a major billion-dollar employer, and only moments from I-30 and Loop 820, this site offers unmatched accessibility and visibility. The building features ample parking, excellent road frontage, and low-maintenance construction, making it an ideal investment for hands-off ownership. One tenant is secured under lease through January 2026, offering stable, predictable income. The water bill is held in the owner’s name and fairly divided among tenants based on usage. The owner also maintains the yard, keeping operational demands minimal. The property is currently managed by a professional management company that can continue under new ownership for a seamless transition. Opportunities like this rarely hit the market. No survey available.

Property Information

Property type

Commercial Sale

Sub-type

Retail

Year built

1970

Stories

1

Building area

3,550 Sq Ft

Lot size

0.33 acres

Days on market

313

MLS^® Listing#

21121857

Property Features

Cooling

Central Air

Heating

Central

Flooring

Concrete

Parking

Additional Parking · Driveway · Parking Lot

Construction

Concrete

Foundation

Slab

Roof

Concrete

Sewer

Public Sewer

Water source

Public

Financial Details

Annual taxes

$7,699

Parcel number

03043215

Directions

FROM i-30 WEST EXIT CHERRY LANE AND HEAD NORTH. GO PAST WHITE SETTLEMENT ROAD AND BUILDING ON LEFT.