700 W HIGHWAY 82, GAINESVILLE, TX 76240

Homes for sale in Gainesville.

Homes for sale in 76240.


Active

List Price$2,249,000

700 W Highway 82

Gainesville, TX 76240

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Listing #20829023

5

Number of Units

Commercial

Type

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

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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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