1907 W OAK STREET, PALESTINE, TX 75801

Homes for sale in Palestine.

Homes for sale in 75801.


Status of the property has changed, please contact for details

List Price$350,000

1907 W Oak Street

Palestine, TX 75801

Listing Image Listing Image

Listing #20915906

1,710

Square Feet

1

Number of Units

Commercial

Type

About This Property

Prime Investment Opportunity -- Established Restaurant & Versatile Commercial Space! This property is an ideal investment for entrepreneurs or investors seeking an income-producing asset. The property offers a rare opportunity for either owner-occupancy or use as a rental income generator. The front of the building features a warm and inviting atmosphere, with a spacious dining area perfect for guests to relax and enjoy. Palestine is a booming North- East Texas town with load of potential with 2025 Population of 19,907 people and this location has TX Dot Traffic Annual Count: 11,525. The fully-equipped commercial kitchen includes stainless steel appliances, ample prep space, ice machine, and storage -- ready for immediate use. Whether you want to expand within the restaurant industry, convert it into an event venue, retail shop, or explore other hospitality concepts, this property is full of potential. With its prime location the opportunity is one you won't want to miss this! Buyer to verify all information within and functionality of any equipment.

Property Features

Location Information

County

Anderson

Subdivision

Joseph Jordan League

Interior Features

Has Fireplace

No

Floors

Vinyl

Heating

Central, Electric

Total Number of Units

1

Cooling

Central Air, Electric

Exterior Features

Construction

Block, Concrete

Lot Size in Sq. Ft.

17,859

Foundation

Slab

Possible Best Use

Food Service, Restaurant

Roof

Shingle

Zoning

Commercial

Utilities

Sewer Available, Water Available

Building Total Area (Sq. Ft.)

1,710

Parking Description

Additional Parking, Common, Concrete, Covered

Road Description

City Street

Lot Description

Cleared, Level

Is One Story

No

Lot Size in Acres

0.41

Lot Description

Cleared, Level

Additional Information

Year Built Details

Preowned

Status

Closed

Property Type

COM

Tax Annual Amount

5702.0

Property SubType

Business

Lot Acres Source

Public Records

Year Built

1950

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