11558 FM 751, WILLS POINT, TX 75474

Homes for sale in Wills Point.

Homes for sale in 75474.


Status of the property has changed, please contact for details

List Price$1,200

11558 Fm 751

Wills Point, TX 75474

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Listing #21229129

4,150

Square Feet

1

Number of Units

Commercial

Type

About This Property

Needs repairs and updating, but could be the perfect opportunity for someone who is starting a business and willing to put in sweat equity. This building was The Kings Inn nightclub for many years and most recently used as a church. Possibilities include a restaurant, retail or office space or most anything you want and even adding living quarters is permissible in Hunt County.. Its located outside of city limits so only Hunt County restrictions apply. Property is conveniently located a short distance to SH 276 in Quinlan or just 10 minutes to US 80 in Wills Point. Lake Tawakoni is just across the street. $1200 Absolute NNN lease with 25% step up after month 9. Possible sell to qualified buyer with approved business. Tenant buyer tenant rep buyer rep to verify all info prior to contract. Owner is related to broker. Property features include 8 ft roll up door for loading and unloading, front main entrance door and additional 3 doors to enter building. 1 full bathroom and 2 half baths. There is a large kitchen area, small enclosed office space near main entry, large sanctuary area near entryway and additional three large rooms. There is a gravel parking area in front of the building, but there is space to add more parking on both sides of the building. Sewer is lateral lines with 2 tanks.

Property Features

Location Information

County

Hunt

Subdivision

A0237 DAVIDSON SAMUEL L

Interior Features

Has Fireplace

No

Floors

Carpet, Laminate

Heating

Wall Furnace

Tenant Pays

All Utilities, Grounds Care, Insurance, Repairs, Taxes

Cooling

Central Air, Ceiling Fan(s), Wall/Window Unit(s)

Total Number of Units

1

Exterior Features

Construction

Block, Other

Lot Size in Sq. Ft.

19,035

Foundation

Other, Slab

Possible Best Use

Automotive, Food Service, M

Roof

Shingle

Zoning

commercial

Utilities

Septic Available

Building Total Area (Sq. Ft.)

4,150

Parking Description

Gravel

Road Description

Farm to Market Road

Lot Description

Corner Lot, Few Trees

Is One Story

No

Lot Size in Acres

0.437

Lot Description

Corner Lot, Few Trees

Additional Information

Year Built Details

Preowned

Status

Active

Property Type

COM

Lease Terms

12 Months

Property SubType

Business

Lot Acres Source

Assessor

Year Built

1975

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$5

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30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$4

Monthly Tax

$1

Monthly Insurance

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