321 E FM 120, POTTSBORO, TX 75076

Homes for sale in Pottsboro.

Homes for sale in 75076.


321 E Fm 120

Pottsboro, TX 75076

Status of the property has changed, please contact for details

List Price$495,000

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Listing #20793686

2,800

Square Feet

3

Number of Units

Commercial

Type

About This Property

Discover an exceptional investment opportunity with this versatile 3-unit commercial property located on the bustling main road of Pottsboro, Texas. Ideally situated on a .413 acre lot, this property offers high visibility and accessibility in an area poised for significant growth. With Lake Texoma just minutes away and major developments such as the upcoming Hard Rock and Margaritaville resorts, this location is positioned to benefit from increasing local and tourist traffic. Property Overview Built in 2000, this solid metal building offers durability and functionality, perfectly suited for a variety of commercial uses. The structure sits on a concrete slab and features a covered front porch, adding both curb appeal and convenience for patrons. Current Configuration * Unit 1 & Unit 2: These two units are currently leased to a well-established restaurant, offering an attractive opportunity for a buyer interested in continuing operations or reconfiguring for other uses. While the restaurant's equipment and furnishings are not included in the list price, they are negotiable, opening possibilities for seamless transition or expansion. * Unit 3: The third unit is leased to an insurance company, providing steady rental income and diversification within the property. Versatility and Income Potential The flexible layout of this property makes it ideal for investors, owner-operators, or entrepreneurs seeking a high-traffic location for their business. Whether you choose to retain the current tenants, repurpose the space for retail, offices, or a new restaurant concept, this property offers unlimited potential.

Property Features

Location Information

County

Grayson

Subdivision

Potts Texoma Add

Interior Features

Has Fireplace

No

Tenant Pays

All Utilities

Heating

Central

Total Number of Units

3

Cooling

Central Air

Accessibility

Accessible Approach with Ramp

Floors

Concrete, Ceramic Tile, Linoleum, Luxury Vinyl Plank

Exterior Features

Construction

Metal Siding

Lot Size in Acres

0.413

Foundation

Slab

Lot Size in Sq. Ft.

17,990

Roof

Metal

Possible Best Use

Office, Restaurant, Retail

Water / Sewer

Natural Gas Available, Sewer Available, Water Available

Zoning

B1 - offices, light retail, and neighborhood servi

Utilities

Natural Gas Available, Sewer Available, Water Available

Building Total Area (Sq. Ft.)

2,800

Parking Description

Asphalt, On Site, Parking Lot

Is One Story

No

Lot Description

Corner Lot

Lot Description

Corner Lot

Additional Information

Year Built Details

Preowned

Tax Annual Amount

5743.0

Property Type

COM

Exclusions

Business and non realty items are negotiable and not included in list price

Property SubType

Retail

Documents Available

Aerial

Year Built

2000

Lot Acres Source

Assessor

Status

Active

Similar Listings

Mortgage Calculator

$2,310

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$1,783

Monthly Tax

$412

Monthly Insurance

$115

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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