1910 Building Near Fort Worth’s Medical District Is Selling for $18 million

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Having preserved many of the original characteristics from more than a century ago, a historic near-90,000-square-foot building sitting just outside of Downtown Fort Worth’s medical district is up for sale for $18 million.

Built in 1910, the building — located at 1212 Lancaster Avenue — has a beautiful curb appeal with a blend of architectural styles displayed on its exterior.

Incorporating details from the Neoclassical, Beaux-Arts and Victorian styles, the building boasts tall gridded windows, ornamental details and designs within the structure, and an iron gate for one of the entryways of the building.

Sitting on more than three acres, the landscaping on the site includes bushes, hedges, flower beds, and small and large trees.

The property has already paved sidewalks through the grass from the streets and a paved circle driveway that allows for vehicles to pull directly up to the front door.

The site also comes with 120 parking spaces, including nine parking spaces for those who are handicapped.

The 1212 Lancaster Ave. is currently occupied by Healthsouth, for use as a rehabilitation center, but there are many redevelopment opportunities for this facility.

Grid windows, ornamental details in the structure and an iron gate are unique characteristics within the building on 1212 Lancaster Avenue.
Courtesy Photo/Transwestern

Located just blocks away from Crockett Row and the Cultural District, buyers could renovate the building to include office spaces, or completely flip it into a hotel or multifamily residential housing.

The building offers three stories and 89,632-square-feet.

The current zoning for the property, according to real estate agents at Transwestern, is “G” intensive commercial. However, the agents said they believe the city will allow for an “H” central business zoning — the most permissive zoning given by the City of Fort Worth — which will additionally allow for the building to be transformed into multifamily residential housing units, a printing and publishing facility, and wholesale offices.

The zoning is subject to review by the Downtown Design Review Board.

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Brandi Addison

Brandi Addison was born and raised in Fort Worth and is making her way back to the Panther City after living away from home for nearly five years while attending college at Texas Tech University. After graduating, she was an education reporter for the Midland Reporter-Telegram. She loves the Fort Worth community and the diversity within each of its neighborhoods. Her favorite areas are Clearfork, Fairmount, and the Cultural District.

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  1. Andy Taft says

    Hi Brandi…something else your readers and prospective buyers may be interested in is that this property is actually IN Downtown Fort Worth. With more than 12 million square feet of office space, almost 10,000 residents, Sundance Square, hotels, the convention center, parks, access to trails, dozens of restaurants, great shopping and live theater, downtown is the most successful and valuable mixed use district in all of Fort Worth.

    This building, and just as importantly, the land that adjoins it, is a remarkable opportunity to take advantage of the momentum of one of the nation’s fastest growing and most beautifully restored downtowns! You get all that, in addition to the proximity to the other districts you mentioned.

    If your readers are interested in learning more about the district this property is in, they should visit dfwi.org!

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