Link Copied
Listed price in listed location currency (USD).
$532,000

000

MLS® 21121857

  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $7,699
Days Active 6
Approx. Age 1970
MLS® Number 21121857

Property Address: 347 N Cherry Ln, White Settlement, TX, 76108-1962

Average square foot calculated using Size range provided by listing agent.

Description

Incredible opportunity to own a fully occupied income-producing commercial building with a rare, grandfathered residential apartment—perfectly positioned in the heart of Fort Worth’s West Side off Cherry Lane, complete with views of Downtown Fort Worth. This versatile property includes three fully leased commercial spaces: one occupied by a construction-related business, another by a vintage furniture store, and a small residential apartment that is legally grandfathered in and also leased. The property generates over $45, 000 in gross income annually and is primed for a new owner seeking immediate cash flow. 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. Tenancy provides strong flexibility: Several tenants operate on month-to-month leases, giving the new owner room to adjust pricing or reposition as desired. 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—fully occupied, income-generating, low-maintenance, and ideally located—rarely hit the market. No survey available. Don’t wait—this one won’t last long!
MLS® Number21121857
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1970
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Land & Improvements

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 28, 2025List Date
$532,000List Price
  • Commute

Commute

Starting Address
Destination Address
347 N Cherry Ln, White Settlement, TX

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Comparable Properties