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2601 State Highway 155

Palestine, TX 75803
  • $250,000
  • STATUS: Active Option Contract
  • ON SITE: 254 Days
  • MLS #: 14538526
Under Contract
UPDATED: 78 min ago
$250,000
  • 0
    BEDS
  • 1.66
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1988
County:

School Ratings & Info

Offered by Dana Staples of United Country Lake Palestine.

Description

Highly visible, high traffic count, level triangular corner lot in Palestine, TX. Property is 1.66 acres, located within city limits at 2601 State Highway 155, Palestine, TX 75801, just 1 mile northof Loop 256 and about 12 miles south of Frankston, TX. Presently there are 2 buildings on the property. One is a vacant residentialhome as a rental income property potentially bringing in about $500per MO. The other was a Bar-B-Q restaurant, renting for $400 per MO.There is also a fruit and vegetable stand on the corner, leasing space for $100 perMO. Property has potential to operate 1, 2 or 3commercial concerns. Must see for all potential.

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© 2021 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 Benchmark Real Estate Services. 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 Benchmark Real Estate Services 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 2021-12-03T18:40:13.313.
www.benchmarkliving.com/homes/115386241
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2601 State Highway 155 Palestine, TX 75803

  • Price: $250,000
  • Status: Active Option Contract
  • On Site: 254 Days
  • Updated: 78 min ago
  • MLS #: 14538526
0
Beds
0
Baths
0
½ Baths
1.66
Acres
1988
Built
Neighborhood:
Norwood Heights City
County:
Anderson
Area:
Anderson County
Property Description
Highly visible, high traffic count, level triangular corner lot in Palestine, TX. Property is 1.66 acres, located within city limits at 2601 State Highway 155, Palestine, TX 75801, just 1 mile northof Loop 256 and about 12 miles south of Frankston, TX. Presently there are 2 buildings on the property. One is a vacant residentialhome as a rental income property potentially bringing in about $500per MO. The other was a Bar-B-Q restaurant, renting for $400 per MO.There is also a fruit and vegetable stand on the corner, leasing space for $100 perMO. Property has potential to operate 1, 2 or 3commercial concerns. Must see for all potential.
Exterior Features

Construction Frame/Brick Trim Construction Materials Walls Other Foundation OtherPier & Beam Freight Doors No Dock Parking Or Garage Open Road Frontage Type AsphaltState Roof Composition Topography Level Waterfront YN No

Interior Features

Ceiling Height 8 To10 Feet Commercial Features Other Flooring Other Heating OtherWindow Unit Sq Ft Building 1648 Sq Ft Gross 2448 Sq Ft Leasable 0

Property Features

Building Area Source Owner Building Use OfficeOtherRetail Commercial Zoning C Construction Status Unknown Gross Annual Expenses 0 Gross Annual Income 0 Inclusions Land & Improvements Lot Size Source Tax Multi Zoning Yes Municipal Utility District No Net Annual Income 0 Possession Closing/Funding Property Type Com-Sale Proposed Financing CashConventional Special Notes Aerial PhotoOther Tenant Pays Other Unexempt Taxes 2691 Utilities City SewerCity Water Will Subdivide No

Listing information © 2021 North Texas Real Estate Information System.


© 2021 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 Benchmark Real Estate Services. 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 Benchmark Real Estate Services 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 2021-12-03T18:40:13.313.
 
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Benchmark Real Estate Services
610 Maryland Dr.
Athens TX, 75751
Offered by Dana Staples of United Country Lake Palestine.