700 W Hwy 82, Gainesville, TX 76240

$2,249,000

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List Price
$2,249,000
Status
ACTIVE
MLS#
20829023
Subtype
CommercialSale
Construction Status
Preowned
Year Built
1987
Lot Size
43,995
Acres
1.01
Subdivision
Montgomery Add

Property Description

INVESTORS here's your chance to grab an acre of multi-use commercial property in a HIGH TRAFFIC LOCATION on Hwy 82 in Gainesville just seconds from I-35! With ROAD FRONTAGE ON 4 SIDES (Hwy 82, Culberson Street, Yates and Mill Street), this is a tremendous investment and development opportunity with great visibility and easy access from main roads and intersections. Located in a thriving and fast growing area, this property offers a well established laundromat that's been in business for over 35 years, 3 houses being leased, a vacant lot, an office building and a large 30 foot advertising billboard on the corner of Hwy 82 and Culberson Street. The laundromat is owner occupied and operated and the other parcels are all being leased providing a nice income. Currently the owner is only utilizing half of the laundromat building so the other half could easily be leased out for another business. On the Southwest end of the property is a large vacant lot ready to develop to your desire. LOCATION, LOCATION, LOCATION....don't let this one pass you by!

Additional Information

Flooring
Combination, Vinyl, Wood
Heating
Central, Electric, Other
Air Conditioning
Central Air, Ceiling Fan(s), Other
Roof
Composition, Metal, Other
Foundation
Other, Pillar/Post/Pier, Slab
Parking Features
Additional Parking, Paved, Driveway, On Site, Oversized, Parking Lot, On Street

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Natalie Graves from Prime Properties. Contact: