201 N May St - Auto Dealership FOR SALE


Madisonville, TX 77864
$1,299,000 USD
936-661-2129
201 N May St, Madisonville, TX for Sale
$1,299,000 USD
Auto Dealership - FOR SALE
1/47
null | Request Cap Rate

201 N May St
Madisonville, TX 77864


HIGHLIGHTS

  • Heavy Traffic Area
  • Expanding Rural Area
  • Open Plan

OVERVIEW

Prime Commercial 2.51+/- ACRE Lot Available with Hwy 75 Frontage in the Heart of Madisonville Offering 2 Existing Buildings. Previously a car dealership and service center featuring Building #1 with 8470 Square-feet of office, showroom, and service garage space and Building #2 a separate 3-bay workshop area with 3420 Square-feet. The property is situated near a local chain grocery store, local restaurants, retailers, and daily conveniences. This highly visible location receives tremendous exposure to the daily local traffic and commuting vehicles to and from Hwy 75 and Hwy 21 and is within minutes from I-45 access. This expanding community is currently experiencing the widening of Hwy 21, and a proposed project of TX Dot known as the SL 1853 Relief Route, located south of the City of Madisonville. This lot is within one of the fastest-growing rural submarkets in the Houston to Dallas corridor with a central location in the BCS to Palestine region.

FOR SALE DETAILS

PRICE

$1,299,000 USD

PRICE/SF

$476 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

ADD'L SUBTYPES

Manufacturing, Warehouse, Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.51 AC

LAND SF

109,336 SF

ZONING

-

APN/PARCEL ID

17344

ASK ABOUT THIS PROPERTY

Lisa Hatcher TaylorDBL Real Estate - Lisa Hatcher-TaylorMore Info
936-661-2129

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Lisa Hatcher TaylorDBL Real Estate - Lisa Hatcher-TaylorMore Info
936-661-2129

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.