Property Attributes
- MLS#20499737
- TypeCommercial
- CountyWOOD
- CityHawkins
- Zip75765
- StyleBusiness
- Year Built1999
- Taxes$ 1729
- Price$ 245,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.356 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Take a look at this awesome opportunity to invest in a commercial duplex in Wood County, rated as one of the best rural places in America to retire (seriously!)! Located 1 mile south of the 2nd largest private community in Wood County, Holly Lake Ranch, with approximately 4,000 residents, this building is also outside city limits and has limited restrictions (there is no zoning or building restrictions). Property could be converted into a residential duplex if desired or needed, as residential rentals are extremely desirable and lease quickly in Wood County. Both sides are currently leased; one side is M2M and the other side has a lease that expires in June—it is a delightful coffee shop that opened over the summer, with great success and support from the Hawkins community! Ask Agent for additional data and TransactionDesk uploads!
Price History | |
---|---|
12/23/2023 | Listed $250,000 |
2/20/2024 | 2% - $245,000 |
General Features
Heating | Central,Electric |
---|---|
Cooling | Central Air,Electric |
Utilities | Asphalt,Cable Available,Co-op Water,Electricity Connected,Outside City Limits,Overhead Utilities,Private Sewer,Septic,Underground Utilities |
Ceiling Height | 8 to10 Feet,11 to 14 Feet |
Possession | Lease Outstanding,Subject to Lease |
Roof | Metal |
Exclusions | Tenants personal prop.,equipment & personal effects. Some light fixtures have been replaced by Tenant B and will not stay,but Tenant should replace. |
Year Built | 1999 |
Tenant Pays | All Utilities,Common Area Maintenance,Trash Collection |
Topography | Flat |
Business Type | Agriculture,Bakery,Commercial,Deli/Catering,Fast Food,Professional Office,Recreation,Retail,Other |
Unexempt Taxes | 1729 |
Building Use | Food Service,Office,Restaurant,Retail,Storage Warehouse |
Average Monthly Lease | 890 |
Owner Pays | Insurance,Taxes |
Will Subdivide | No |
Gross Annual Expenses | 3961.00 |
Property SubType | Business |
Subdivision Name | none |
Accessibility Features | Accessible Approach with Ramp |
Zoning Description | none (county) |
Insurance Expense | 2232 |
Occupant Type | Tenant |
County | Wood |
Operating Expense Includes | Capital Improvements,Insurance,Maintenance Structure,Mortgage/Loans |
Property Type | Commercial Sale |
Security Features | Security System Leased |
Construction Materials | Metal Siding |
Year Built Details | Preowned |
Number Of Leaseable Spaces | 2 |
Number Of Spaces Leased | 2 |
Special Notes | Aerial Photo,Build to Suit,Utility Easement |
Status | Active |
Directions | From Terrell,take Highway 80 East past Mineola. Turn left on FM 2869 toward Allaso Ranch. Drive approximately 8.5 miles. Building is located on the right side of the road immediately after the Dollar |
City | Hawkins |
Buyer Agent Compensation | 2.50 |
Street Name | Fm 2869 |
Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20499737 |
Standard Status | Active |
Buyer Agent Compensation Type | % |
Interior Features
Flooring | Concrete,Laminate |
---|---|
Occupancy Rate | 100 |
Total Stories | 1 |
Total Units | 2 |
SQFT Gross | 15507 |
Lock Box Type | None |
Exterior Features
Freight Doors | No Dock |
---|---|
Lot Size Source | Plans |
Parking Features | On Site,Parking Lot |
Lot Size | Less Than .5 Acre (not Zero) |
Foundation | Slab |
Lot Size Area | 0.3560 |
Lot Size Units | Acres |
Construction Materials Walls | Metal |
Planned Development | Holly Lake Ranch |
Building Area Total | 2400.00 |
Road Frontage Type | FM Road |
Lot Size Square Feet | 15507.3600 |
Lot Size Acres | 0.3560 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool