617 MAIN STREET, LEXINGTON, TX 78947

Homes for sale in Lexington.

Homes for sale in 78947.


617 Main Street

Lexington, TX 78947

Status of the property has changed, please contact for details

List Price$630,500

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

Listing #6855360

8,712

Square Feet

Commercial

Type

About This Property

Perfect Investment Opportunity in Downtown Lexington! Nestled in the heart of downtown Lexington, this property boasts a prime spot on the city square, ensuring high visibility and foot traffic. This vibrant area offers a blend of local businesses, Snows BBQ, and community events, making it an attractive destination for both residents and visitors. This two-story building features an open floor plan, providing flexibility for various uses. The downstairs area includes two spacious rooms along with a large open area ideal for retail, complete with picturesque windows that offer views of the downtown square and the inviting back patio. Additionally, the downstairs features two spacious half baths that could easily be converted into full baths, enhancing the property's utility and appeal. The generous layout encourages creativity and customization to suit diverse needs. Step outside to discover a large, relaxing back patio that invites gatherings and outdoor enjoyment. The area is equipped with a well-maintained playground featuring turf grass, providing a safe and fun environment for families and children. This unique outdoor space can enhance the overall appeal of the property. Accessed via a separate exterior door, the upstairs features 12 differently sized rooms, perfect for offices, studios, or additional retail space. Theres also a kitchenette area, facilitating convenience for staff or clients, along with an additional half bath. The variety of room sizes allows for flexible leasing options or personal use. This property is a prime investment opportunity in a growing downtown area. With its unique features, flexible layout, and prime location, it can be adapted to meet various market demands. Whether you're looking to establish a new venture or expand an existing one, this property holds incredible potential for growth and success in downtown Lexington. Don't miss out on this exceptional opportunity to invest in a flourishing area!

Property Features

Location Information

County

Lee

Subdivision

New Town

County

Lee

Directions

From flashing lights in Lexington take HWY 77 North and turn left on Third St. At stop sign continue straight at next stop sign take right and property will be on left at sign in building.

Area

LC

Interior Features

Heating

Central

Floors

Concrete, Vinyl

Exterior Features

Style

Metal Siding, Spray Foam Insulation

Parking Description

Off Street

Is New Construction

No

Lot Size in Acres

0.2

Construction/Exterior

Metal Siding, Spray Foam Insulation

Buildings

2

Foundation

Slab

Has Waterfront

No

Possession

Closing & Funding

Has View

Yes

Water / Sewer

Public Sewer

View

City

Water

Public

Additional Information

Other Utilities

Electricity Connected, Fiber Optic Available, Sewer Connected, Water Connected

APN

200701

Property Type

COM

Status

Active

Property SubType

Other

Documents Available

Aerial

Year Built

2020

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Mortgage Calculator

$2,944

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$2,272

Monthly Tax

$525

Monthly Insurance

$147

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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