Mineral Wells, TX 76067,1608 1st Street

$585,000

Est.Price: ?

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Est. payment /mo

2,624 SqFt


SOLD DATE : 11/06/2023

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 2,624 sqft

Price per Sqft $222

Subdivision Wynnwood

MLS Listing ID 20406913

Sold Date 11/06/23

Total Fin. Sqft 2624

Year Built 1950

Annual Tax Amount $8,253

Lot Size 1.033 Acres

Acres 1.033

Property Description

Mineral Wells Prime Location for Investment! 1.033 Acres sits directly off of Highway 180 on the east side of town. Road Frontage on all 4 sides of the lot. The property has 3 buildings that are currently leased generating imediate income. Buy the property and collect rent while the area continues to grow and improve, or buy and start planning immediately. Property is already Platted into 10 separate tracts and offers a great opportunity for someone to diversify their portfolio. Build residential homes across the back on the 2nd st frontage and keep the Highway 180 frontage for future Commercial use. Multiple different options with this property as this area is growing. Come check it out!

Location

State TX

County Palo Pinto

Zoning General Retail

Direction Head north on US-281 N, Turn right onto SE 1st St, Destination will be on the right

Interior

Heating Other

Cooling Other

Flooring Other

Heat Source Other

Exterior

Utilities Available Asphalt, City Sewer, City Water, Electricity Available, Electricity Connected, Individual Water Meter, Sewer Available, Sidewalk

Roof Type Composition,Shingle,Other

Garage No

Building

Lot Description Few Trees, Level

Foundation Slab, Other

Structure Type Unknown

Others

Ownership Polly Anna Johnson Brown IRR Trust

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

Special Listing Condition Aerial Photo, Survey Available

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Bryson Swiggart • Compass RE Texas , LLC
Bought with Basanta Giri • Ready Real Estate LLC
agent-avatar

+1(817) 368-3925

elliot@livingingrapevinetx.com

2626 Cole Ave., Dallas, TX, 75204, United States

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