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Gainesville, TX 76240
$2,249,000

About this home

INVESTORS here's your chance to grab an acre of multi-use commercial property in a HIGH TRAFFIC LOCATION on Hwy 82 in Gainesville just seconds from I-35! With ROAD FRONTAGE ON 4 SIDES (Hwy 82, Culberson Street, Yates and Mill Street), this is a tremendous investment and development opportunity with great visibility and easy access from main roads and intersections. Located in a thriving and fast growing area, this property offers a well established laundromat that's been in business for over 35 years, 3 houses being leased, a vacant lot, an office building and a large 30 foot advertising billboard on the corner of Hwy 82 and Culberson Street. The laundromat is owner occupied and operated and the other parcels are all being leased providing a nice income. Currently the owner is only utilizing half of the laundromat building so the other half could easily be leased out for another business. On the Southwest end of the property is a large vacant lot ready to develop to your desire. LOCATION, LOCATION, LOCATION....don't let this one pass you by!

Overview

Full Baths
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Half Baths
0
Bathrooms
0
Bedrooms
0
Building Area
0
Living Area
0
Lot Size (Acres)
1.01
Property Subtype
Business
Property Type
Commercial Sale
Status
Active
Year Built
1987

Interior

Accessibility Features
Accessible Entrance
Cooling
Central Air, Ceiling Fan(s), Other
Fireplaces
0
Flooring
Combination, Vinyl, Wood
Heating
Central, Electric, Other

Exterior & Construction

Construction
Other
Foundation
Other, Pillar/Post/Pier, Slab
Roof
Composition, Metal, Other

Parking

Covered Parking
0
Garage Spaces
0

Location & Area

City
Gainesville
County
Cooke
ZIP Code
76240
State
TX
Subdivision
Montgomery Add

Financial

Price
2249000

Utilities

Sewer
Public Sewer
Utilities
Cable Available, Electricity Connected, Sewer Available, Separate Meters, Water Available

Listing Details

Listing Agent
Natalie Graves
Listing Office
Prime Properties
MLS #
20829023
Virtual Tour
https://www.propertypanorama.com/instaview/ntreis/20829023

Listing agents

Listing AgentNatalie GravesPrime Properties

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