Address
500 E Main Street, Decatur, TX
Price
$ 320,000
Property Attributes
  • MLS#20589114
  • TypeCommercial
  • CountyWISE
  • CityDecatur
  • NeighborhoodDc & Eo Cates
  • Zip76234
  • StyleBusiness
  • Year Built2008
  • Taxes$ 3351
  • Price$ 320,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.033 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Here is a commercial income opportunity located in Decatur, Tx. This property is just over 1 acre that has three sides of road frontage on E Main, Stratton, and E Pecan. Currently Grandfathered in as trailer park but zoning has been changed to C2. Must ask city for new zoning requirements and information. It currently has 7 mobile homes that are renting the space monthly and pay for their own utilities. Six of the mobile homes are owned by the individual tenants. There is only one mobile home that is owned by the property owner and it will be conveyed with the sale. Decatur is the county seat of Wise County, Texas, United States. Its population was 6,738 in 2021 and has been growing ever since. There are multiple parks and wonderful downtown places to have coffee or enjoy some amazing local food. Major highways in the area are US380, US287, FM 51 and FM730.

Price History
4/16/2024 Listed $320,000

General Features

Heating None
Cooling None
Utilities City Sewer,City Water,Electricity Available,Overhead Utilities,Phone Available
Ceiling Height Other
Possession Closing/Funding
Roof Shingle
Exclusions 6 of the mobile homes not owned by the seller.
Year Built 2008
Tenant Pays All Utilities,Cable TV,Common Area Maintenance,Electricity,Exterior Maintenance,Gas,Insurance,Repairs,Roof
Business Type Mobile/Trailer Park
Unexempt Taxes 3351
Building Use Other
Will Subdivide No
Gross Annual Expenses 500.00
Property SubType Business
Subdivision Name Dc & Eo Cates
Zoning Description C2
County Wise
Property Type Commercial Sale
Construction Materials See Remarks
Year Built Details Preowned
Status Active
Directions Located on the east side of the Courthouse - Has frontage on E Main Street,Stratton Street and E Pecan. Please refer to aerial or contact the agent directly.
City Decatur
Buyer Agent Compensation 3
Street Name Main
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Flooring None
Total Stories 1
Total Units 7
SQFT Gross 7000
Lock Box Type None
Street Suffix Street

Exterior Features

Lot Features Acreage
Lot Size Source Public Records
Parking Features Other
Lot Size 1 to < 3 Acres
Foundation None
Lot Size Area 1.0330
Lot Size Units Acres
Building Area Total 9.00
Lot Size Square Feet 44997.4800
Lot Size Acres 1.0330

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

Property vs Commercial Average in 76234

Price
AVG $870K
$320K
Taxes
AVG $7,220
$3,351
Visits
AVG 62
4
Data Provided by Inside Real Estate®
Year Built
AVG 2002
2008

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