321 E Fm 120 , Pottsboro, TX 75076
Pottsboro, TX 75076
Description
Discover an exceptional investment opportunity with this versatile 3-unit commercial property located on the bustling main road of Pottsboro, Texas. Ideally situated on a .413 acre lot, this property offers high visibility and accessibility in an area poised for significant growth. With Lake Texoma just minutes away and major developments such as the upcoming Hard Rock and Margaritaville resorts, this location is positioned to benefit from increasing local and tourist traffic. Property Overview Built in 2000, this solid metal building offers durability and functionality, perfectly suited for a variety of commercial uses. The structure sits on a concrete slab and features a covered front porch, adding both curb appeal and convenience for patrons. Current Configuration Unit 1 & Unit 2: These two units are currently leased to a well-established restaurant, offering an attractive opportunity for a buyer interested in continuing operations or reconfiguring for other uses. While the restaurant’s equipment and furnishings are not included in the list price, they are negotiable, opening possibilities for seamless transition or expansion. Unit 3: The third unit is leased to an insurance company, providing steady rental income and diversification within the property. Versatility and Income Potential The flexible layout of this property makes it ideal for investors, owner-operators, or entrepreneurs seeking a high-traffic location for their business. Whether you choose to retain the current tenants, repurpose the space for retail, offices, or a new restaurant concept, this property offers unlimited potential.
Details
| MLS# | 20793686 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2000 |
| Days On Site | 40 |
| Listing Provided By | Pathway Realty LLC | Julie Simmons |
Features
| SQ Feet | 2,800 |
|---|---|
| Story(s) | 1 |
| Units | 3 |
| Zoning | B1 - offices, light retail, and |
| Acreage | 0.41 |
Market Activity 75076
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Learn More About This Property
| State | TX |
|---|---|
| County | Grayson |
| City | Pottsboro |
| Zip Code | 75076 |
| Area | Grayson |
| Community Name | Potts Texoma Add |
| Listing VS Median (in Potts Texoma Add) | |
Price: $575,000 low | high Med: $575,000 SqFt: 2,800 low | high Med: 2,800 $ / SqFt: $205 low | high Med: $205 On Site: 40 low | high Med: 40.000000 | |