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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!
| DAYS ON MARKET | 267 | LAST UPDATED | 4/29/2024 |
|---|---|---|---|
| YEAR BUILT | 2007 | COUNTY | Wood |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Sep 7, '23 | $625,000 |
|---|---|
| Sep 7, '23 - Feb 15, '24 | $599,000 |
| Feb 15, '24 - Mar 20, '24 | $598,000 |
| Mar 20, '24 - Apr 29, '24 | $597,000 |
| Apr 29, '24 - Today | $596,000 |
| ADDITIONAL DETAILS | |
| CONSTRUCTION | Metal Siding |
|---|---|
| LOT | 2.051 acre(s) |
| LOT DIMENSIONS | 2.051 |
| ZONING | Commercial |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Karla Ditto, Coldwell Banker Lenhart - Gilmer
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