$575,000
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1.23 Acres Lot
SOLD DATE : 09/23/2024
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Subdivision Original Town Paradise
MLS Listing ID 20651270
Sold Date 09/23/24
Total Fin. Sqft 6625
Year Built 2012
Annual Tax Amount $13,195
Lot Size 1.228 Acres
Acres 1.228
Property Description
Located between Boyd and Bridgeport on W Hwy 114 in Paradise. The property is currently 100% leased with an array of tenants consisting of a Sandwich Shop, Salon, Nutrition Store, Insurance Company and a Boutique. Possible upside and value add to the property due to the low rents and the current owner paying Taxes, Insurance and Maintenance. Signage paid for and installed by the EDC will cause more exposure for the tenants. The sign is scheduled to be installed possibly between August-September of 2024. The property consists of 30 parking spaces, 2 ADA spaces with a ramp. Great buy and hold for potential long or short term investment. The property is extremely well maintained. Built in 2012 with approximately 6625 sq ft of building area, with approximately 6170 sq ft of leasable space. Approximately 875 sq ft of porch in front of the store fronts.
Location
State TX
County Wise
Zoning Commercial
Direction From Rhome. Take Hwy 114 W. After you arrive in Paradise, the property is next to the Dollar General on the left.
Interior
Heating Central, Electric
Cooling Central Air
Flooring Concrete, Vinyl
Heat Source Central, Electric
Exterior
Utilities Available Septic, Underground Utilities
Roof Type Metal
Parking Type Common, Concrete, Parking Lot
Garage No
Building
Foundation Slab
Structure Type Brick,Metal Siding,Stucco
Others
Ownership Mann
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Financing Cash
Special Listing Condition Right of First Refusal, Survey Available, Utility Easement
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Bought with Bob George • Fathom Realty LLC
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+1(817) 881-1033 | farren@realtorindfw.com