Address
126 W Commerce Street, Wills Point, TX
Price
$ 325,000
Property Attributes
- MLS#20294575
- TypeCommercial
- CountyVAN ZANDT
- CityWills Point
- NeighborhoodOriginal
- Zip75169
- StyleBusiness
- Year Built1926
- Taxes$ 3682
- Price$ 325,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size5,750 SqFt
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Historical Wills Point Landmark- Step back in time to the good old days - when going to the show was a special treat! The Majestic Theater on the brick streets of downtown is a one of a kind venue!Perfect for dinner theater, but the possibilities are endless! Upstairs balcony has a small seating area with the projection booth and attic storage. Downstairs is the office, ticket booth, concession area with storage, 2 bathrooms, entry hallway and of course the main theater area with stage. There is also a back office with a separate outside entrance on 5th Street. Alley way on the back portion, frontage on 5th Street and WN Commerce Street. Wills Point ISD. Owned by the Lybrand family since 1926, when Mr Lybrand played the trumpet and Mrs. Lybrand played the piano for silent movies. They passed to their son Karl, who ran the show for many years.His son Karl operated until closing.The doors closed in 2010.The longest running,single screen,family owned theater in the southwest region.
| Price History | |
|---|---|
| 4/11/2023 | Listed $375,000 |
| 6/24/2023 | 7% - $350,000 |
| 2/2/2024 | 8% - $325,000 |
General Features
| Heating | Central |
|---|---|
| Cooling | Central Air |
| Utilities | City Sewer |
| Ceiling Height | Other |
| Possession | Negotiable |
| Roof | Tar/Gravel |
| Year Built | 1926 |
| Tenant Pays | All Utilities |
| Business Type | Other |
| Unexempt Taxes | 3682 |
| Building Use | Church,Food Service,Medical,Office,Office/Warehouse,Restaurant,Retail,Wholesale,Other |
| Will Subdivide | No |
| Gross Annual Expenses | 0.00 |
| Property SubType | Business |
| Subdivision Name | Original |
| Zoning Description | commercial |
| County | Van Zandt |
| Property Type | Commercial Sale |
| Construction Materials | Brick |
| Year Built Details | Preowned |
| Status | Active |
| Directions | From Hwy 80 in Wills Point,turn North on 5th Street,go across the RR tracks,turn right,Majestic Theater on the left. |
| City | Wills Point |
| Buyer Agent Compensation | 3 |
| Street Name | Commerce |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20294575 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Flooring | Carpet |
|---|---|
| Total Stories | 2 |
| Total Units | 1 |
| SQFT Gross | 5750 |
| Lock Box Type | Combo |
| Street Suffix | Street |
Exterior Features
| Lot Features | Corner Lot |
|---|---|
| Lot Size Source | Assessor |
| Parking Features | On Street |
| Lot Size | Less Than .5 Acre (not Zero) |
| Foundation | Pillar/Post/Pier |
| Lot Size Area | 0.1320 |
| Lot Size Units | Acres |
| Construction Materials Walls | Brick |
| Building Area Total | 5750.00 |
| Road Frontage Type | City Street,Curbs/Gutters |
| Lot Size Square Feet | 5749.9200 |
| Lot Size Acres | 0.1320 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 75169
Price
Taxes
Visits
Year Built
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