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Calling all investors looking for commercial rental property in Palestine on a busy area and street. The Smoke Shop is located on 2603 W. Oak and is leased for another year and a half. Current rent is $1525.00 going to $1600.00 in September. The house beside, 101 7th St. is a 2 bedroom, 1 bath house with an open concept kitchen/living area and utility room. A renter is moving in February 15 for a one year lease at $900.00 per month. The house/office located on 103 7th St. is leased on a month to month basis for $683.00 per month. The large lot extends to the second fence behind the Smoke Shop. Total rental income is $3,108.00 per month. These three properties are a package deal; seller will not separate. Seller does not want to disturb tenants, so there will be no showings until seller has a signed contract. Don't wait for this great opportunity!
| DAYS ON MARKET | 89 | LAST UPDATED | 4/11/2024 |
|---|---|---|---|
| YEAR BUILT | 2002 | COUNTY | Anderson |
| STATUS | Pending | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| LOT DIMENSIONS | .1722 |
|---|---|
| ZONING | Single Family,Commercial |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Paula Crouch, RE/MAX Tyler
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