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$324,900

201/203/215 N MAIN ST, Lone Star, TX, 75668

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About this property

HIGH-VISIBILITY COMMERCIAL PROPERTY with ENDLESS POSSIBILITIES! This versatile commercial property offers an incredible combination of office space, warehouse/shop space, paved parking, highway visibility, and additional land for expansion—making it an excellent opportunity for a car lot, retail business, contractor, professional office, showroom, warehouse operation, or business headquarters. Situated on approximately 0.75 acres, the property features a 744 sq. ft. office building that was remodeled in 2010. Inside, you'll find an inviting open-concept layout with vaulted ceilings, attractive wood accents, a bathroom, and an additional storage room. The building also offers welcoming front, side, and back porches, plus a convenient back entryway with stairs and rails. A HUGE BONUS is the impressive 40x55 metal building, providing approximately 2,200 sq. ft. of additional space! This building is spray-foam insulated and features its own bathroom and two roll-up doors. The large open interior provides tremendous flexibility for storing inventory, equipment or vehicles, operating a warehouse or workshop, or creating a space to display and sell merchandise. The property also features a nice, paved parking lot with plenty of room for customers, employees, or company vehicles. An additional lot provides even more opportunity for future growth—add another structure, expand your business footprint, or create additional parking. Additional improvements include underground electric, ETEX fiber-optic service, city water, city sewer, tankless water heater, and photocell exterior lighting. This setup would make an EXCELLENT car lot with office and shop space, an office/warehouse combination, retail or resale business, contractor headquarters, equipment or inventory storage facility, showroom, service business, or countless other commercial uses. One property, 259 HIGHWAY FRONTAGE, Multiple buildings and Excellent parking with Room to expand. ENDLESS POSSIBILITIES for your next business venture!

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$0Estimated Mortgage Balance
$324,900Estimated Equity
100% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,949 /month
Positive
Cash Flow Estimate:
$650 /month

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Bree Shimpock

Texas Real Estate Executives

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Lone Star

201/203/215 N MAIN ST | Property Details | No Agent List