1414 S FM 51, DECATUR, TX 76234

Homes for sale in Decatur.

Homes for sale in 76234.


1414 S Fm 51

Decatur, TX 76234

Status of the property has changed, please contact for details

List Price$3,200,000

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Listing #20869119

15,576

Square Feet

1

Number of Units

Commercial

Type

About This Property

PLUG AND PLAY COMMERCIAL INVESTMENT OPPORTUNITY - Introducing a rare and lucrative Plug and Play Commercial Investment, offering an ideal opportunity to begin earning cash flow immediately after closing. This property is ready for immediate income generation, making it a perfect investment for those seeking long-term stability and strong returns. This 15,576-square-foot building sits on 2.47 acres of prime commercial land and has been completely renovated, featuring new flooring throughout, multiple private offices, a large community workspace with cubicles, 2 full-capacity bathrooms, and a spacious full kitchen & breakroom. In addition, there is warehouse space with a roll-up door, providing convenient storage and shipping capabilities. The property is 100% leased to a reputable nationwide company. With a stable, long-term tenant like this in place, this investment ensures a reliable income stream. The tenant is under a Triple Net (NNN) lease with a 5-year renewal option, ensuring steady, predictable cash flow for years to come. Under these leases, the tenant is responsible for the property's operating expenses, including taxes, insurance, and maintenance, making this a low-maintenance investment for the owner. The property boasts a prime location with excellent visibility and easy access to major roads and highways. It benefits from over 20,000 vehicles passing by daily, offering exceptional exposure and accessibility. Additionally, there is ample parking available for both tenants and visitors, making it convenient for clients and employees alike. The property is also located in a growing commercial area, just minutes from Decatur's vibrant downtown district. This property represents an exceptional investment in Decatur, a growing community with strong economic potential and a solid commercial base. Whether you are looking to diversify your portfolio or seeking a reliable income-producing asset, 1414 S FM 51 offers the perfect opportunity.

Property Features

Location Information

County

Wise

Subdivision

Isham Add

Interior Features

Has Fireplace

No

Tenant Pays

All Utilities

Heating

Central

Total Number of Units

1

Cooling

Central Air

Accessibility

Accessible Kitchen

Floors

Luxury Vinyl Plank

Exterior Features

Construction

Metal Siding

Lot Size in Sq. Ft.

107,723

Foundation

Slab

Possible Best Use

Retail

Roof

Metal

Zoning

Commercial

Water / Sewer

Sewer Available, Water Available

Building Total Area (Sq. Ft.)

15,576

Utilities

Sewer Available, Water Available

Road Description

Farm to Market Road

Parking Description

Additional Parking, Concrete, On Site, Open, Off Street, Outside, Parking Lot

Is One Story

No

Lot Size in Acres

2.473

Additional Information

Year Built Details

Preowned

Status

Active

Property Type

COM

Tax Annual Amount

29578.0

Property SubType

Retail

Lot Acres Source

Public Records

Year Built

1986

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Mortgage Calculator

$14,943

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$11,531

Monthly Tax

$2,666

Monthly Insurance

$746

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.

Schools

Walk Score

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