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240 S Gun Barrel Lane

Gun Barrel City, TX 75156
  • $234,000
  • STATUS: Active Option Contract
  • ON SITE: 25 Days
  • MLS #: 20122216
Under Contract
UPDATED: 26 min ago
$234,000
  • 0
    BEDS
  • 0.57
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1984
County:

School Ratings & Info

Offered by Taylor Lokey of Real T Team: .

Description

Rare opportunity to own an investment property near Cedar Creek Lake. Large fenced in yard area could be used for boat, RV, trailer parking, or built out to add more interior space. Ample parking for potential retail use, the possibilities are endless. Building is currently split into 3 units, each on their own meter, but could be built to suit or retrofitted to meet a number of needs. Owner recently occupied the majority of the building (approx 1100 sq ft), and had the other 2 units leased at $550 a month. One tenant is still in place, while the other unit recently came available. If not owner occupied, potential rental income is over $2,000.00 for the interior space alone, not taking into account the massive yard space. Call today for more info!

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© 2022 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or All Cities USA Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than All Cities USA Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-08-18T11:42:12.947.
www.allcitiesusa.com/homes/131205893
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240 S Gun Barrel Lane Gun Barrel City, TX 75156

  • Price: $234,000
  • Status: Active Option Contract
  • On Site: 25 Days
  • Updated: 26 min ago
  • MLS #: 20122216
0
Beds
0
Baths
0
½ Baths
0.57
Acres
1984
Built
Neighborhood:
Tamarack Venture
County:
Henderson
Area:
Gun Barrel City
Property Description
Rare opportunity to own an investment property near Cedar Creek Lake. Large fenced in yard area could be used for boat, RV, trailer parking, or built out to add more interior space. Ample parking for potential retail use, the possibilities are endless. Building is currently split into 3 units, each on their own meter, but could be built to suit or retrofitted to meet a number of needs. Owner recently occupied the majority of the building (approx 1100 sq ft), and had the other 2 units leased at $550 a month. One tenant is still in place, while the other unit recently came available. If not owner occupied, potential rental income is over $2,000.00 for the interior space alone, not taking into account the massive yard space. Call today for more info!
Exterior Features

Construction BrickConcreteWood Foundation Slab Freight Doors Dock/Grade Lot Description Cleared Lot Size Source Owner Parking Or Garage AssignedGarageOn SiteOutsideParking Lot Roof Composition Waterfront YN No

Interior Features

Ceiling Height 8 To10 Feet Cooling Central Air Flooring CarpetConcreteLuxury Vinyl Plank Handicap YN No Heating Electric Sq Ft Gross 2800

Property Features

Alarm Or Security Type Security GateSecurity Lights Building Area Source Public Records Building Area Total 2800.00 Building Use OfficeStorage Warehouse Construction Status Preowned Gross Annual Expenses 4092.00 Gross Annual Income 6600.00 Insurance Expense 2100 Lake Pump No Leaseable Spaces 2 List MLSProvider Greater Denton/Wise Association Of Realtors Listing Terms 1031 ExchangeCashConventional Multi Zoning No Municipal Utility District No Net Operation Income 2508 Operating Expense Includes Maintenance Owner Pays Exterior MaintenanceInsuranceManagementTaxes Possession Negotiable Property Type Office Tenant Pays All Utilities Transaction Includes Building OnlyLand & Improvements Unexempt Taxes 1992 Utilities City SewerCity Water Will Subdivide No Zoning Commercial

North Texas Real Estate Information Systems MLS logo Listing information © 2022 North Texas Real Estate Information System.


© 2022 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or All Cities USA Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than All Cities USA Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-08-18T11:42:12.947.
 
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All Cities USA Realty
6815 Country Squire Ln.
Burleson TX, 76028
Offered by Taylor Lokey of Real T Team: .