2250 S FM 2869 - Storefront Retail/Office FOR SALE


Holly Lake Ranch, TX 75765
$595,000 USD
903-680-2400
2250 S FM 2869, Holly Lake Ranch, TX for Sale
$595,000 USD
Storefront Retail/Office - FOR SALE
1/26
null | 6.96% Cap Rate

2250 S FM 2869
Holly Lake Ranch, TX 75765


OVERVIEW

Awesome Commercial Income producing property in very established and growing community at Holly Lake Ranch. The property has road frontage on FM 2869 with extra lot on the road frontage next door which adds plenty of room to grow. This property offers great opportunity for investors. The front building is 4000 sq ft offering 5 rental units. They are currently all rented with tenants that have occupied the units for a length of time, and all have their own water and electric meters. The tenants display a wide diversity of rentals including a Gift/Book store, Office, Restaurant, a Salon and Massage. Out back you will find the sixth rental which is a 2000 sq ft metal building with office and storage, which could accommodate a wide range of different businesses. It also has two carports with 2700 sq ft under roof. Plus, there is a Billboard on the property which brings in income. And don't forget the 1 acre lot next door goes with the property for future expansion. Don't miss your opportunity to add this very flexible property to your portfolio. Schedule a showing today!

FOR SALE DETAILS

PRICE

$595,000 USD

PRICE/SF

$149 USD /SF

CAP RATE

6.96%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2250 FM 2869, HOLLY LAKE RANCH

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.11 AC

LAND SF

48,523 SF

ZONING

C

APN/PARCEL ID

R76350

ASK ABOUT THIS PROPERTY

Karla DittoColdwell Banker Residential BrokerageMore Info
903-680-2400

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Karla DittoColdwell Banker Residential BrokerageMore Info
903-680-2400

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