$350,000
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101 E Highway 80 Grand Saline, TX 75140
0.61 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Subdivision Sam Beall
MLS Listing ID 20278777
Sold Date 10/24/23
Total Fin. Sqft 6348
Year Built 1970
Annual Tax Amount $8,320
Lot Size 0.610 Acres
Acres 0.61
Property Description
If you are looking for a great and fully occupied investment opportunity with an 8% CAP, this retail center is located on Hwy 80 with excellent frontage and 7,358 traffic count per TxDot. Bring your 1031 exchange, business ideas, and funds you don't want to see sitting stale in the bank. Make your money work for you with this retail center! With recently asphalted parking lot, units with recent floor replacement and other upgrades, this is an easy investment. Lease out the additional units or bring your business for owner occupancy! 2500 sqft occupied by Mexican Food Restaurant, 1000 sqft Nail Salon, 800 sqft nutrition shop, 600 sqft game room, 600 sqft Mobile IV Office, and 600 sqft tax office. Zoned General Commercial District providing many options for your plans. Additional adjoining 1.2+- acres may be available. Request more info today
Location
State TX
County Van Zandt
Zoning Commercial
Direction From Downtown Grand Saline, head east on Hwy 80, property on the left in 0.4 mile.
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Carpet, Ceramic Tile
Heat Source Central, Electric
Exterior
Utilities Available All Weather Road, Asphalt, City Sewer, City Water
Roof Type Metal
Parking Type Additional Parking, Asphalt, Common, On Site, Parking Lot, Paved
Garage No
Building
Lot Description Level
Foundation Slab
Structure Type Block
Others
Ownership Brett Clark
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Financing Cash
Special Listing Condition Aerial Photo, Survey Available
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Bought with David Rogers • RE/MAX Landmark