
Description
Excellent 31,051 SF commercial lot fronting on Hwy 21 between Texas Ave and Hwy 6, Zoned C-3 which allows for most retail and restaurant uses, Excellent site for fast food or retail development, Other restaurants in the area include: Wings N More (next door), Burger King, McDonalds, and Bushs Chicken, New hotel under construction across the street, Two houses located on the property leased for a combined total of $1,900 a month, New 2 year leases on both houses in place through 2022 by the same family with a proven rental history. Same family has occupied since March of 2016. Great long term tenant! Current rental income will cover note payment, insurance, and taxes during holding period.
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3BEDS
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0.45ACRES
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1BATHS
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01/2 BATHS
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960SQFT
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$322$/SQFT
Description
Excellent 31,051 SF commercial lot fronting on Hwy 21 between Texas Ave and Hwy 6, Zoned C-3 which allows for most retail and restaurant uses, Excellent site for fast food or retail development, Other restaurants in the area include: Wings N More (next door), Burger King, McDonalds, and Bushs Chicken, New hotel under construction across the street, Two houses located on the property leased for a combined total of $1,900 a month, New 2 year leases on both houses in place through 2022 by the same family with a proven rental history. Same family has occupied since March of 2016. Great long term tenant! Current rental income will cover note payment, insurance, and taxes during holding period.
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