Address
700 W Highway 82, Gainesville, TX
Price
$ 1,999,000
Property Attributes
- MLS#20388664
- TypeCommercial
- CountyCOOKE
- CityGainesville
- NeighborhoodMontgomery Add
- Zip76240
- StyleBusiness
- Price$ 1,999,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.6831 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
**Price Improvement** Just seconds from I-35 sits this property in a thriving location on Hwy 82! This is a tremendous investment and development opportunity in a quick growing area of Gainesville. The property offers a well established laundromat that's been in business for 35 years, a large 30 foot advertising billboard, two rent houses and an office building on the corner of Hwy 82 and Culberson Street. The laudromat is owner occupied and operated and the other parcels are all currently leased providing a nice income. Two adjoining parcels (adding another .77 of an acre for a total of approximately 1.45 acres) can also be purchased for an additional amount should you desire more land to expand and have the entire Hwy frontage of that block.
| Price History | |
|---|---|
| 7/23/2023 | Listed $2,250,000 |
| 10/11/2023 | 5% - $2,150,000 |
| 3/7/2024 | 8% - $1,999,000 |
General Features
| Heating | Central,Electric,Other |
|---|---|
| Cooling | Ceiling Fan(s),Central Air,Other |
| Utilities | Cable Available,City Sewer,City Water,Curbs,Electricity Connected,Individual Water Meter |
| Ceiling Height | 8 to10 Feet,11 to 14 Feet |
| Possession | 60-90 Days |
| Roof | Composition,Metal,Other |
| Year Built | 1987 |
| Tenant Pays | All Utilities,Other |
| Business Type | Advertising,Commercial,Laundromat,Mixed,Storage,Other |
| Building Use | Laundromat,Office,Other |
| Owner Pays | Other |
| Will Subdivide | No |
| Gross Annual Expenses | 0.00 |
| Property SubType | Business |
| Subdivision Name | Montgomery Add |
| Accessibility Features | Accessible Approach with Ramp,Accessible Doors,Accessible Entrance,Accessible Hallway(s),Customized Wheelchair Accessible |
| Zoning Description | Commercial |
| Occupant Type | Tenant |
| Occupant Name | Of Record |
| County | Cooke |
| Property Type | Commercial Sale |
| Security Features | Security Gate,Security Lights,Security System,Security System Owned,Smoke Detector(s) |
| Construction Materials | Other |
| Year Built Details | Preowned |
| Status | Active |
| Directions | From I-35 N and Hwy 82 in Gainesville go East on Hwy 82 (by Quick Trip) and the property is on the right at the next red light. |
| City | Gainesville |
| Buyer Agent Compensation | 3 |
| Street Name | Highway 82 |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20388664 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Flooring | Combination,Vinyl,Wood |
|---|---|
| Total Stories | 1 |
| Total Units | 4 |
| SQFT Gross | 29757 |
| Lock Box Type | Other |
Exterior Features
| Lot Features | Corner Lot,Few Trees,Varied |
|---|---|
| Freight Doors | No Dock |
| Lot Size Source | Assessor |
| Parking Features | Additional Parking,Concrete,Oversized,Parking Lot |
| Lot Size | .5 to < 1 Acre |
| Foundation | Pillar/Post/Pier,Slab,Other |
| Lot Size Area | 0.6831 |
| Lot Size Units | Acres |
| Construction Materials Walls | Other |
| Building Area Total | 0.00 |
| Road Frontage Type | City Street,Curbs/Gutters,Highway,State Road |
| Lot Size Square Feet | 29755.8360 |
| Lot Size Acres | 0.6831 |
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 76240
Price
Visits
Year Built
Walkscore
© 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor NextHome Premier Choice shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
