1331 CHERRY STREET, GRAHAM, TX 76450

Homes for sale in Graham.

Homes for sale in 76450.


Active

List Price$399,000

1331 Cherry Street

Graham, TX 76450

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21337696

3,924

Square Feet

9

Number of Units

Commercial

Type

About This Property

Exceptional investment opportunity at 1331 Cherry St. in Graham, Texas! Formerly known as Trinity Senior Living, this beautifully remodeled and updated 3,900 square foot property is offered fully furnished and thoughtfully designed with 9 bedrooms (2 of them are currently office and storage), spacious common living areas, a large kitchen, dining area, laundry room, and an inviting screened porch. The property features 3 full bathrooms, including an ADA-accessible spa-style shower room, plus 1 half bath, creating a functional layout for a variety of potential uses. The home is approximately 90% complete, with the primary remaining improvement being completion of the fire sprinkler system and related finish work. Currently fully staffed, this property presents an outstanding opportunity for an entrepreneur, investor, or operator seeking to complete and customize the final phase for their intended use. The flexible floor plan lends itself to a variety of possibilities, including a residential senior living concept (subject to licensing, zoning, and governmental approvals), corporate housing, a boutique hospitality venture, or other residential investment opportunities. Conveniently located in Graham, the property also offers easy access to some of North Texas' premier outdoor destinations, including Possum Kingdom Lake (approximately 30 minutes to both the east and west sides), Graham Lake, and Hubbard Creek Lake in nearby Breckenridge, making it an attractive option for those exploring boutique lodging or vacation rental possibilities where permitted. Whether you're looking to establish a residential care business, create a unique hospitality experience, or invest in a versatile commercial property, 1331 Cherry St. offers an exceptional foundation with tremendous upside.

Property Features

Location Information

County

Young

Subdivision

South Park

Interior Features

Has Fireplace

No

Tenant Pays

None

Heating

Central, Electric

Total Number of Units

9

Cooling

Central Air, Ceiling Fan(s)

Accessibility

Accessible Full Bath, Grip-Accessible Features, Acce

Floors

Luxury Vinyl Plank, Tile

Exterior Features

Construction

Brick, Concrete

Lot Size in Sq. Ft.

16,465

Foundation

Slab

Possible Best Use

Office, Other

Roof

Composition, Shingle

Zoning

Real Commercial

Utilities

Electricity Available, Electricity Connected, Sewer Available, Water Available

Building Total Area (Sq. Ft.)

3,924

Security System

Fire Alarm, Fire Sprinkler System, Smoke Detector(s)

Road Description

City Street

Parking Description

Additional Parking, Circular Driveway, Concrete, Driveway

Is One Story

No

Lot Description

Corner Lot

Lot Description

Corner Lot

Lot Size in Acres

0.378

Additional Information

Year Built Details

Preowned

Status

Active

Property Type

COM

Tax Annual Amount

8695.0

Property SubType

Business

Lot Acres Source

Assessor

Year Built

1950

Similar Listings

Mortgage Calculator

$1,862

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$1,437

Monthly Tax

$332

Monthly Insurance

$93

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

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