1920 S 3RD STREET, MABANK, TX 75147

Homes for sale in Mabank.

Homes for sale in 75147.


Active

List Price$1,399,999

1920 S 3rd Street

Mabank, TX 75147

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

Listing #21309451

5,000

Square Feet

1

Number of Units

Commercial

Type

About This Property

Cedar Creek Lake Area Office, Warehouse & Storage Investment Opportunity! Excellent commercial opportunity in a high-traffic location on Hwy 198 in Mabank, just minutes from the heart of the Cedar Creek Lake area. Ideally positioned approximately one hour from downtown Dallas and one hour from Tyler, this property offers strong regional accessibility, excellent visibility, and multiple income streams. Situated on 2.93 acres, the property includes approximately 5,000 total square feet of building space, featuring 2,500 square feet of finished office space with 14 private offices, a conference room, kitchen break area, two bathrooms, copier workroom, and interior exterior security video cameras. The office portion alone currently generates close to $80,000 in annual rental income, creating strong immediate investment appeal. The additional 2,500 square feet of warehouse space includes two high bay overhead doors and extra storage above the office area. The property also offers approximately 3,750 square feet of covered parking and 16 total office parking spaces, including 12 covered and 4 uncovered spaces. The back portion of the property is currently used for uncovered RV, boat, and trailer storage, secured by perimeter high fencing. The buyer would inherit the existing storage business, adding another layer of income potential. Additional revenue is generated from four billboards along the front of the property, maximizing the value of this highly visible Hwy 198 frontage. A front sign location with electrical is also in place, providing added branding potential for future business use. With strong traffic exposure, close proximity to Cedar Creek Lake, current office rental income, an existing storage business, billboard revenue, flexible office warehouse space, and on-site signage potential, this property offers outstanding potential for an owner-user, investor, or business looking to expand in the East Texas market.

Property Features

Location Information

County

Henderson

Subdivision

none

Interior Features

Has Fireplace

No

Floors

Concrete, Luxury Vinyl Plank

Heating

Central, Electric

Tenant Pays

Management

Cooling

Central Air, Electric

Total Number of Units

1

Exterior Features

Construction

Metal Siding, Rock, Stone

Lot Size in Sq. Ft.

127,630

Foundation

Slab

Possible Best Use

Office, Other, Warehouse

Roof

Metal

Zoning

C1

Utilities

Electricity Connected, Sewer Available, Water Available

Building Total Area (Sq. Ft.)

5,000

Security System

Security System Owned, Security System, Other

Road Description

City Street, Highway

Parking Description

Attached Carport, Additional Parking, Concrete, Garage, Inside Entrance, Kitchen Level, Parking Lot, Garage Faces Side, See Remarks

Lake Name

Cedar Creek

Has Garage

Yes

Is One Story

No

Lot Description

Acreage, Backs to Greenbelt/Park, Landscaped, Sprinkler System

Lot Description

Acreage, Backs to Greenbelt/Park, Landscaped, Sprinkler System

Lot Size in Acres

2.93

Additional Information

Year Built Details

Preowned

Status

Active

Property Type

COM

Tax Annual Amount

15792.0

Property SubType

Retail

Community Features

Curbs

Year Built

1999

Lot Acres Source

Public Records

Similar Listings

Mortgage Calculator

$6,536

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$5,044

Monthly Tax

$1,166

Monthly Insurance

$326

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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