347 N Cherry Lane, White Settlement, TX

$499,000

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0.33

Acres

About 347 N Cherry Lane

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.

Features of 347 N Cherry Lane

MLS® # 21121857
Price $499,000
Bathrooms 0.00
Acres 0.33
Year Built 1970
Type Commercial Sale
Sub-Type Retail
Status Active

Community Information

Address 347 N Cherry Lane
Subdivision Sunset Gardens Add
City White Settlement
County Tarrant
State TX
Zip Code 76108-1920

Amenities

Utilities City Sewer, City Water
Garages Additional Parking, Driveway, Parking Lot
Is Waterfront No
Has Pool No

Interior

Heating Central
Fireplace No
# of Stories 1
Stories 1

Exterior

Roof Concrete
Construction Concrete
Foundation Slab

Additional Information

Zoning Commercial with grandfathered residential

Listing Details

AgentTeresa Von Illyes
OfficeAmeriPlex Realty, Inc.

Listing Map

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