347 N Cherry Ln

White Settlement, TX 76108
  • $532,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 3,550

    SqFt

About the Listing AMPX01 - 0441572

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!

Listing Highlights

Status Active
Days on Site 16
Property Type Commercial Sale
MLS ® 21121857
Year Built 1970
Total Square Footage 3,550
Lot/Acreage 0.33
County Tarrant

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Central
  • Fireplaces:
  • Floor: Concrete
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: Less Than .5 Acre (not Zero)
  • Garage Capacity: N/A
  • Zoning: Commercial with grandfathered residential
  • Roof: Concrete
  • Others: Preowned
  • Sewer:
  • Parking Features: Additional Parking,Driveway,Parking Lot

Financial Details

  • Tax Amount: $7,699
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 03043215
  • Tax Year: N/A

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

347 N Cherry Ln White Settlement, TX 76108

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way