700 W HIGHWAY 82, GAINESVILLE, TX 76240
Homes for sale in Gainesville.
Homes for sale in 76240.
List Price$2,249,000
700 W Highway 82
Gainesville, TX 76240
Listing #20829023
About This Property
INVESTORS here's your chance to grab an acre of multi-use commercial property in a HIGH TRAFFIC LOCATION on Hwy 82 in Gainesville just seconds from I-35! With ROAD FRONTAGE ON 4 SIDES (Hwy 82, Culberson Street, Yates and Mill Street), this is a tremendous investment and development opportunity with great visibility and easy access from main roads and intersections. Located in a thriving and fast growing area, this property offers a well established laundromat that's been in business for over 35 years, 3 houses being leased, a vacant lot, an office building and a large 30 foot advertising billboard on the corner of Hwy 82 and Culberson Street. The laundromat is owner occupied and operated and the other parcels are all being leased providing a nice income. Currently the owner is only utilizing half of the laundromat building so the other half could easily be leased out for another business. On the Southwest end of the property is a large vacant lot ready to develop to your desire. LOCATION, LOCATION, LOCATION....don't let this one pass you by!
Property Features
Location Information
County
Cooke
Subdivision
Montgomery Add
Interior Features
Has Fireplace
No
Tenant Pays
All Utilities, Other
Heating
Central, Electric, Other
Total Number of Units
5
Cooling
Central Air, Ceiling Fan(s), Other
Accessibility
Accessible Entrance
Floors
Combination, Vinyl, Wood
Exterior Features
Construction
Other
Lot Size in Sq. Ft.
43,995
Foundation
Other, Pillar/Post/Pier, Slab
Possible Best Use
Office, Other
Roof
Composition, Metal, Other
Zoning
Commercial
Utilities
Cable Available, Electricity Connected, Sewer Available, Separate Meters, Water Available
Building Total Area (Sq. Ft.)
0
Security System
Security System Owned, Security System, Security Gat
Road Description
City Street, Highway, State Road
Parking Description
Additional Parking, Concrete, Driveway, On Site, Oversized, Parking Lot, On Street
Is One Story
No
Lot Size in Acres
1.01
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
COM
Community Features
Curbs
Property SubType
Business
Documents Available
Aerial
Year Built
1987
Lot Acres Source
Assessor
Similar Listings
Mortgage Calculator
$10,502
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$8,104
Monthly Tax
$1,874
Monthly Insurance
$524
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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