3978 N Us Highway 287

    Alvord, TX 76225
    • $685,000
    • STATUS: Active
    • ON SITE: 356 days
    • MLS #: 13923350
    $685,000
    • 0
      BEDS
    • 4.7
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1996
    County:
    Area:

    School Ratings & Info

    Offered by Laura Blackburn of Parker Properties.

    Description

    Income-producing commercial 4+ acres with highway frontage about 6 miles from downtown Decatur! Property has 4 buildings including a 2-bedroom, 2-bath house, a shop that was used for antique sales, and also 2 wells and 3 septic systems. One building is divided into 3 apartments. Another building was used as a church and is now leased to a distributor for manufacturing. Create an antique or flea market right on 287! Convert all units to rent as lodging or retail! Run a business with lodging for an employee onsite. Perfect for retirement: live in an apartment and rent the other units, or park your RV here and travel with great net income! Property also receives income from the ground lease of the billboard.

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    © 2019 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Van Poole Properties Group. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Van Poole Properties Group are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2019-08-19T23:40:55.387.
    dallas.vanpooleproperties.com/homes/86971254

    3978 N Us Highway 287 Alvord, TX 76225

    • Price: $685,000
    • Status: Active
    • MLS #: 13923350
    0
    Beds
    0
    Baths
    0
    ½ Baths
    4.7
    Acres
    1996
    Built
    Neighborhood:
    Foreman Add
    County:
    Wise
    Area:
    Wise County
    Property Description
    Income-producing commercial 4+ acres with highway frontage about 6 miles from downtown Decatur! Property has 4 buildings including a 2-bedroom, 2-bath house, a shop that was used for antique sales, and also 2 wells and 3 septic systems. One building is divided into 3 apartments. Another building was used as a church and is now leased to a distributor for manufacturing. Create an antique or flea market right on 287! Convert all units to rent as lodging or retail! Run a business with lodging for an employee onsite. Perfect for retirement: live in an apartment and rent the other units, or park your RV here and travel with great net income! Property also receives income from the ground lease of the billboard.
    Exterior Features

    Construction BrickMetal Construction Materials Walls PlasterTexture Foundation Slab Parking Or Garage Common Lot Road Frontage Type U.S. Highway Roof CompositionMetal Waterfront YN No

    Interior Features

    Ceiling Height 8 To10 Feet Commercial Features Multi-User Flooring CarpetConcrete Heating Central Air-ElecCentral Heat-Elec Sq Ft Building 11000 Sq Ft Gross 11000 Sq Ft Leasable 0

    Property Features

    Average Monthly Lease 5300 Building Area Source Owner Building Use AutomotiveBar/TavernsBeauty/BarberBuilding ServicesChurchFood ServiceLaundromatMedicalOfficeOtherRetailSchoolsStorage WarehouseWholesale Commercial Zoning Commerc Construction Status Preowned Gross Annual Expenses 7000 Gross Annual Income 67000 Inclusions BusinessLand & Improvements Income Expense Source Owner Leasable Spaces 7 Leased Spaces 6 Lot Size Source Tax Multi Zoning Yes Municipal Utility District No Net Annual Income 60000 Owner Pays Insurance Possession Negotiable Property Type Com-Sale Tenant Pays Yard Care Total Annual Expenses Include Common AreaElectricInsuranceWater/Sewer/Trash Unexempt Taxes 4825 Utilities AsphaltOutside City LimitsSepticWell Will Subdivide No

    Listing information © 2019 North Texas Real Estate Information System.


    © 2019 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Van Poole Properties Group. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Van Poole Properties Group are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2019-08-19T23:40:55.387.
     
    Van Poole Properties Group
    18383 Preston Road #150
    Dallas TX, 75252
    Offered by Laura Blackburn of Parker Properties.