401 W HUBBARD STREET, MINERAL WELLS, TX 76067

Homes for sale in Mineral Wells.

Homes for sale in 76067.


401 W Hubbard Street

Mineral Wells, TX 76067

Status of the property has changed, please contact for details

List Price$450,000

Listing Image Listing Image

Listing #20952930

5,738

Square Feet

6

Number of Units

Commercial

Type

About This Property

Investment Opportunity in Downtown Mineral Wells. This fully leased, income-producing building features 6 individual units, making it an ideal opportunity for investors seeking reliable cash flow. Currently home to a diverse mix of tenants including a beauty salon, insurance agency, law firm, and healthcare company, the property offers a multitude of potential uses--perfect for office, retail, or professional services. Located in the heart of downtown Mineral Wells, the building enjoys excellent visibility and accessibility, just steps from the fire department, police station, and downtown shopping and dining. Tenants and customers alike will appreciate the 12 dedicated parking spaces, a valuable amenity in the downtown area. Annual Average Daily Traffic Count for this area is 7,270 with a 4% annual growth. Information provided from TXDOT. Unit 401 has 6 offices, a kitchen, 3 bathrooms, a conference room and 2 storage rooms.

Property Features

Location Information

County

Palo Pinto

Subdivision

Lynch

Interior Features

Has Fireplace

No

Floors

Carpet

Heating

Central, Electric

Total Number of Units

6

Cooling

Central Air, Electric

Accessibility

Accessible Approach with Ramp

Exterior Features

Construction

Brick, Frame

Possible Best Use

Office, Other

Foundation

Slab

Zoning

Commercial

Roof

Other

Building Total Area (Sq. Ft.)

5,738

Parking Description

Concrete, Off Street, Parking Lot, Unassigned

Road Description

Highway

Lot Size in Acres

0.344

Is One Story

No

Lot Size in Sq. Ft.

14,984

Additional Information

Year Built Details

Preowned

Status

Closed

Property Type

COM

Tax Annual Amount

10865.0

Property SubType

Office

Community Features

Curbs

Year Built

1965

Lot Acres Source

Assessor

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