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$ 595,000
Est. payment | /mo
2.05 Acres Lot
$ 595,000
Est. payment | /mo
2.05 Acres Lot
Key Details
Property Type Single Family Home
Sub Type Building
Listing Status Active
Purchase Type For Sale
Subdivision Tx
MLS Listing ID 23011597
Lot Size 2.051 Acres
Acres 2.051
Lot Dimensions 2.051
Property Description
Awesome Commercial Income producing property in very established and growing community at Holly Lake Ranch. The property has road frontage on FM 2869 with extra lot on the road frontage next door which adds plenty of room to grow. This property offers great opportunity for investors. The front building is 4000 sq ft offering 5 rental units. They are currently all rented with tenants that have occupied the units for a length of time, and all have their own water and electric meters. The tenants display a wide diversity of rentals including a Gift/Book store, Office, Restaurant, a Salon and Massage. Out back you will find the sixth rental which is a 2000 sq ft metal building with office and storage, which could accommodate a wide range of different businesses. It also has two carports with 2700 sq ft under roof. Plus, there is a Billboard on the property which brings in income. And don't forget the 1 acre lot next door goes with the property for future expansion. Don't miss your opportunity to add this very flexible property to your portfolio. Schedule a showing today!
Location
State TX
County Wood
Area Wood
Zoning Commercial
Exterior
Waterfront No
View Y/N No
Others
Acceptable Financing Conventional, Must Qualify, Cash
Listing Terms Conventional, Must Qualify, Cash
Listed by Karla Ditto • Coldwell Banker Lenhart - Gilmer
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "