116 Historic Town Square, Lancaster, TX 75146

Agent is owner.  This building was rebuilt after the tornado of 1994.  Lease rates will be adjusted due to insurance going up 75%.  116 Historic Town Square is a wine tasting business and the back side is 104 S DAllas Ave is a barber shop for the past 30 years.  The building was built in 1996 as a new building that retained part of the north wall..  In the past 3 years it has had a roof, new h ac on babershop with a roof top unit that works well.  Due to unknow roof structure damage that section of the roof was rebuilt.  In 2024 the north wall was resealed and stucco added to protect the damaged original bricks that had been an interior wall.  The sewer line has been replaced inside the building and the sewer line on the outside replaced.   The cap on the exterior walls has been replaced orrepaired,  This is a solid brick building in good condition. Leases were in place prior to the revitlization of the square and adjustments need to be made.   Owner is selling this building as well as the adjoining lot in preparation for retirement.  Revitlizing of the square now makes this building value increase.  REpairs over the past 24 months have exceeded $30K.  Owner bought this building in 2019.  Leases will be shown to potential buyer.