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2601 State Hwy 155

Palestine, TX 75801
  • $250,000
  • STATUS: Active Under Contract
  • ON SITE: 650 Days
  • MLS #: 10118720
Under Contract
UPDATED: 40 min ago
$250,000
  • 0
    BEDS
  • 1.66
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Highly visible, high traffic count, level triangular lot on corner of State Hwy 155 and FM 315 (Gardner Drive), Palestine, TX. The property is across the state highway from a new Family Dollar Store, a new Texas Farm Bureau Insurance Office building and a recently opened Mahindra Tractor Store. On about 1.66 acres, located within city limits at 2601 State Highway 155, Palestine, TX 75801, just 1 mile north of Loop 256 and about 12 miles south of Frankston, TX. Presently there are 2 buildings on the property. One is a vacant residential home as a rental income property potentially bringing in about $500/MO. The other was a Bar-B-Q restaurant, renting for $400/MO. There is also a fruit and vegetable stand on the corner, leasing space for $100/MO. Property has potential to operate 1, 2 or 3 commercial concerns. Must see for all potential. In addition, the adjoining lot of 4.666 acres is available in a separate listing as 1230 FM 315.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS® Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 2021-11-29T12:28:41.92.
www.benchmarkliving.com/homes/103307219
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2601 State Hwy 155 Palestine, TX 75801

  • Price: $250,000
  • Status: Active Under Contract
  • On Site: 650 Days
  • Updated: 40 min ago
  • MLS #: 10118720
0
Beds
0
Baths
0
½ Baths
1.66
Acres
Neighborhood:
Anderson
County:
Anderson
Area:
Anderson
Property Description
Highly visible, high traffic count, level triangular lot on corner of State Hwy 155 and FM 315 (Gardner Drive), Palestine, TX. The property is across the state highway from a new Family Dollar Store, a new Texas Farm Bureau Insurance Office building and a recently opened Mahindra Tractor Store. On about 1.66 acres, located within city limits at 2601 State Highway 155, Palestine, TX 75801, just 1 mile north of Loop 256 and about 12 miles south of Frankston, TX. Presently there are 2 buildings on the property. One is a vacant residential home as a rental income property potentially bringing in about $500/MO. The other was a Bar-B-Q restaurant, renting for $400/MO. There is also a fruit and vegetable stand on the corner, leasing space for $100/MO. Property has potential to operate 1, 2 or 3 commercial concerns. Must see for all potential. In addition, the adjoining lot of 4.666 acres is available in a separate listing as 1230 FM 315.
Exterior Features

Construction Brick VeneerShinglesWood/ Frame Lot Dimensions Irregular Road Type County Maintained RoadState/Us Highway Topography Level Water View No Waterfront No

Property Features

Available Financing CashConventionalFhaLand BankMust QualifyTexas Veteran Land BoardUsdaVa Building Description OfficeRestaurantsRetailSpecial Purposes Commercial Type Building Electric Electric On Site Gas Natural Gas Available Location Inside City LimitsMajor Arteries Sale Includes Building Security Gate No Sewer Public Sewer Short Sale YN No Survey Available None Water Public Zoning CommercialSingle Family

Listing provided courtesy of Steve Demuth of United Country Staples Property Group. Listing information © 2021 Greater Tyler Association of REALTORS® Multiple Listing Service.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS® Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 2021-11-29T12:28:41.92.
 
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