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$532,000
12 Days On Site

347 N Cherry Lane
White Settlement, TX 76108

For Sale|Retail|Active
0
Beds
0
Total Baths
3,550
SqFt
$150
/SqFt
1970
Built
Subdivision:
Sunset Gardens Add
County:
Tarrant
Call Now: 817-442-2508
Is this the listing for you? We can help make it yours.
817-442-2508
347 N Cherry Lane347 N Cherry Lane347 N Cherry Lane347 N Cherry Lane
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Monthly Payment (Est.)

$2,427
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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!

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Listing Snapshot
Price 
$532,000
Days On Site 
12 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,550 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.328 Acres
Year Built 
1970
MLS® Number 
21121857
Status 
Active
Property Tax 
$7,699
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
3 hours agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.328
Foundation 
Slab
Number Of Stories 
1
Parking 
Additional ParkingDrivewayParking Lot
Property Sub Type 
Retail
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
3550
Water Source 
Public
Zoning 
Commercial with grandfathered residential
Interior Features
Cooling 
Central Air
Flooring 
Concrete
Heating 
Central
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Exterior Features
Construction Details 
Concrete
Road Frontage 
City Street
Roof 
Concrete
Community Features
Financing Terms Available 
CashConventional
Listing courtesy of Teresa Von Illyes of AmeriPlex Realty, Inc. tvibuyshouses@gmail.com



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2025-12-11 01:42 PM CST

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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