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$2,249,000

Est. payment - /mo

1.01 Acres Lot

Active

700 W Highway 82 Gainesville, TX 76240

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John & Jennifer Shelby

jshelby@shelbyrealtygroup.com +1(469) 586-8998

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Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Subdivision Montgomery Add

MLS Listing ID 20829023

Year Built 1987

Lot Size 1.010 Acres

Acres 1.01

Property Sub-Type Business

Property Description

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!

Location

State TX

County Cooke

Zoning Commercial

Direction From I-35 N and Hwy 82 in Gainesville go East on Hwy 82 (by Quick Trip) and the property is on the right at the next red light.

Interior

Heating Central, Electric, Other

Cooling Ceiling Fan(s), Central Air, Other

Flooring Combination, Vinyl, Wood

Heat Source Central, Electric, Other

Exterior

Utilities Available Cable Available, City Sewer, City Water, Curbs, Electricity Connected, Individual Water Meter

Roof Type Composition,Metal,Other

Garage No

Building

Foundation Pillar/Post/Pier, Slab, Other

Structure Type Other

Others

Ownership Of record

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Aerial Photo

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20829023

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Natalie Graves • Prime Properties

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John & Jennifer Shelby

Agent | License ID: 0692652

+1(469) 586-8998

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700 W Highway 82 Gainesville, TX 76240

John & Jennifer Shelby

Key Details

Location

Interior

Exterior

Building

Others

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700 W Highway 82