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Sulphur Springs, TX 75440
$2,148,038

About this home

HIGH-VISIBILITY HEAVY COMMERCIAL CORNER — INCOME NOW, UPSIDE LATER!
Rare opportunity to acquire a strategically positioned high-traffic corner property zoned Heavy Commercial, offering the potential for immediate income and significant long-term upside. This offering is for land and improvements only—the existing automotive repair business is tenant-owned and does not convey. All business assets, tools, equipment, inventory, and personal property associated with the automotive operation are excluded from the sale.
The property is currently generating income, with the retail or commercial space leased to the automotive repair tenant for storage. The house is vacant, giving the new owner additional flexibility for future use, renovation, leasing, or redevelopment, subject to zoning and applicable regulations.
For the investor with vision, this property presents a compelling “income while you plan” opportunity. Maintain the existing rental arrangement while evaluating the highest and best use of this prominent corner. With Heavy Commercial zoning and excellent exposure, the possibilities are extensive. Potential concepts could include a large truck wash, commercial rental facility, retail center, service business, contractor facility, or other high-demand commercial development.
The combination of strategic location, existing improvements, current rental income, and substantial redevelopment potential makes this a property worth a serious look. Buy the real estate today, collect income while you plan, and position yourself to capitalize on the future potential of this high-traffic commercial corner.
LAND & IMPROVEMENTS ONLY. Automotive repair business, business name, tools, equipment, inventory, and other personal property do NOT convey with the sale

Overview

Full Baths
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Half Baths
0
Bathrooms
0
Bedrooms
0
Building Area
11354
Living Area
0
Lot Size (Acres)
11.741
Property Subtype
Business
Property Type
Commercial Sale
Status
Active
Year Built
1954

Interior

Cooling
Central Air, Ceiling Fan(s), Electric
Fireplaces
0
Flooring
Concrete
Heating
Central, Electric

Exterior & Construction

Construction
Brick, Cedar, Metal Siding
Foundation
Slab
Lot Features
Acreage, Back Yard, Corner Lot, Lawn, Pasture, Pond on Lot, Level
Roof
Composition, Metal

Parking

Covered Parking
0
Garage Spaces
0

Location & Area

City
Sulphur Springs
County
Hopkins
ZIP Code
75440
State
TX
Subdivision
City of Sulphur Springs

Financial

Price
2148038

Utilities

Sewer
Public Sewer
Utilities
Electricity Available, Electricity Connected, Overhead Utilities, Sewer Available, Water Available

Listing Details

Listing Agent
Janet Martin
Listing Office
Janet Martin Realty
MLS #
21347001
Virtual Tour
https://www.propertypanorama.com/instaview/ntreis/21347001

Listing agents

Listing AgentJanet MartinJanet Martin Realty

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