4216 W State Highway 154, Yantis, TX 75497

$700,000

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List Price
$700,000
MLS#
21408138
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1996
Acres
2.99
County
Wood
City
Yantis
Subdivision
none

Property Description

INCOME-PRODUCING COMMERCIAL PROPERTY WITH 6,500 SQ. FT. BUILDING with an ADDITIONAL RENTAL Investor or owner-operator opportunity offering $2,650 monthly rental income plus approximately 5,000 sq. ft. of commercial space for your business or additional rental income. Located on Hwy. 154 with approximately 300 feet of frontage, extensive parking, and major improvements. MAIN BUILDING — REMODELED IN 2023 The 6,500 sq. ft. building was gutted and remodeled in 2023, with approximately 1,500 sq. ft. dedicated to a two-story apartment and 5,000 sq. ft. of commercial space. 3-BEDROOM APARTMENT — $1,750 MONTH APPROX. 5,000 SQ. FT. COMMERCIAL SPACE Features include a private office, service counters, extensive storage, men's and women's restrooms, utility sinks, a 15 x 15 dry-storage room and a 20-foot elevated stage. Additional features include a custom food-truck serving window, dedicated 30-amp service, prep area, coated stained-concrete flooring, dimmable LED lighting, three commercial ceiling fans, two approximately three-year-old 5-ton HVAC systems, opposing oversized bay doors, spray-foam insulation, 12-foot wood walls, abundant electrical outlets, water filtration, gutters and plumbing replaced during the remodel. The property has a 200-foot gravel driveway, concrete parking for 30 vehicles, additional asphalt parking for approximately 10–12 vehicles, and two Hwy. 154 entrances-exits. White pipe fencing enhances the frontage. A high-capacity well with a 10 HP industrial agricultural pump serves the property. The aerobic septic system was designed for the apartment and approximately 100 commercial occupants and is maintained under an annual HOPCO contract. ADDITIONAL RENTAL — $900 MONTH It includes an approximately 400 sq. ft. deck, propane tank, separate septic system and new 20-foot carport. $31,800 ANNUAL RENTAL INCOME The two residential units generate $2,650 monthly before any income from the commercial space.

Additional Information

Unexempt Taxes
$5,181
Tenant Pays
Electricity
Lot Size
130,375
Flooring
Concrete
Foundation
Slab
Roof
Metal
Building Stories
2
Parking Garage
Parking Lot
Proposed Use
Automotive, Industrial, Office, Restaurant, Retail, Storage, Warehouse, Wholesale Operation
Inclusions
Building Only, Land & Improvements
Possession
Negotiable

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Genevieve Golden from Golden Realty Group LLC. Contact: 903-206-2586

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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