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$700,000
Est. payment /mo
2.99 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Warehouse
Listing Status Active
Purchase Type For Sale
MLS Listing ID 21408138
Total Fin. Sqft 6500
Year Built 1996
Annual Tax Amount $5,181
Lot Size 2.993 Acres
Acres 2.993
Property Sub-Type Warehouse
Property Description
INCOME-PRODUCING COMMERCIAL PROPERTY WITH 6,500 SQ. FT. BUILDING with an ADDITIONAL RENTAL
Investor or owner-operator opportunity offering $2,650 monthly rental income plus approximately 5,000 sq. ft. of commercial space for your business or additional rental income. Located on Hwy. 154 with approximately 300 feet of frontage, extensive parking, and major improvements.
MAIN BUILDING — REMODELED IN 2023
The 6,500 sq. ft. building was gutted and remodeled in 2023, with approximately 1,500 sq. ft. dedicated to a two-story apartment and 5,000 sq. ft. of commercial space.
3-BEDROOM APARTMENT — $1,750 MONTH
APPROX. 5,000 SQ. FT. COMMERCIAL SPACE
Features include a private office, service counters, extensive storage, men's and women's restrooms, utility sinks, a 15 x 15 dry-storage room and a 20-foot elevated stage.
Additional features include a custom food-truck serving window, dedicated 30-amp service, prep area, coated stained-concrete flooring, dimmable LED lighting, three commercial ceiling fans, two approximately three-year-old 5-ton HVAC systems, opposing oversized bay doors, spray-foam insulation, 12-foot wood walls, abundant electrical outlets, water filtration, gutters and plumbing replaced during the remodel.
The property has a 200-foot gravel driveway, concrete parking for 30 vehicles, additional asphalt parking for approximately 10–12 vehicles, and two Hwy. 154 entrances-exits. White pipe fencing enhances the frontage.
A high-capacity well with a 10 HP industrial agricultural pump serves the property. The aerobic septic system was designed for the apartment and approximately 100 commercial occupants and is maintained under an annual HOPCO contract.
ADDITIONAL RENTAL — $900 MONTH
It includes an approximately 400 sq. ft. deck, propane tank, separate septic system and new 20-foot carport.
$31,800 ANNUAL RENTAL INCOME The two residential units generate $2,650 monthly before any income from the commercial space.
Investor or owner-operator opportunity offering $2,650 monthly rental income plus approximately 5,000 sq. ft. of commercial space for your business or additional rental income. Located on Hwy. 154 with approximately 300 feet of frontage, extensive parking, and major improvements.
MAIN BUILDING — REMODELED IN 2023
The 6,500 sq. ft. building was gutted and remodeled in 2023, with approximately 1,500 sq. ft. dedicated to a two-story apartment and 5,000 sq. ft. of commercial space.
3-BEDROOM APARTMENT — $1,750 MONTH
APPROX. 5,000 SQ. FT. COMMERCIAL SPACE
Features include a private office, service counters, extensive storage, men's and women's restrooms, utility sinks, a 15 x 15 dry-storage room and a 20-foot elevated stage.
Additional features include a custom food-truck serving window, dedicated 30-amp service, prep area, coated stained-concrete flooring, dimmable LED lighting, three commercial ceiling fans, two approximately three-year-old 5-ton HVAC systems, opposing oversized bay doors, spray-foam insulation, 12-foot wood walls, abundant electrical outlets, water filtration, gutters and plumbing replaced during the remodel.
The property has a 200-foot gravel driveway, concrete parking for 30 vehicles, additional asphalt parking for approximately 10–12 vehicles, and two Hwy. 154 entrances-exits. White pipe fencing enhances the frontage.
A high-capacity well with a 10 HP industrial agricultural pump serves the property. The aerobic septic system was designed for the apartment and approximately 100 commercial occupants and is maintained under an annual HOPCO contract.
ADDITIONAL RENTAL — $900 MONTH
It includes an approximately 400 sq. ft. deck, propane tank, separate septic system and new 20-foot carport.
$31,800 ANNUAL RENTAL INCOME The two residential units generate $2,650 monthly before any income from the commercial space.
Location
State TX
County Wood
Zoning None
Direction On HWY 154 - Gps will take you right to it. You can put in Big Bass Binfo.
Interior
Heating Electric
Cooling Electric
Flooring Concrete
Heat Source Electric
Exterior
Utilities Available Aerobic Septic, All Weather Road, Asphalt
Roof Type Metal
Accessibility Accessible Grip
Garage No
Building
Foundation Slab
Structure Type Metal Siding
Others
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Listed by Genevieve Golden • Golden Realty Group LLC
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