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Pottsboro,TX 75076
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,800 sqft
Price per Sqft $205
Subdivision Potts Texoma Add
MLS Listing ID 20793686
Total Fin. Sqft 2800
Year Built 2000
Annual Tax Amount $5,743
Lot Size 0.413 Acres
Acres 0.413
Property Description
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.
Location
State TX
County Grayson
Zoning B1 - offices, light retail, and neighborhood services
Direction Building is at the SE corner of FM 120 and Loraine St
Interior
Heating Central
Cooling Central Air
Flooring Ceramic Tile,Concrete,Linoleum,Luxury Vinyl Plank
Heat Source Central
Exterior
Utilities Available City Sewer,City Water,Natural Gas Available
Roof Type Metal
Garage No
Building
Lot Description Corner Lot
Foundation Slab
Structure Type Metal Siding
Others
Ownership Susan Grant
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Aerial Photo