$50,000
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1.39 Acres Lot
SOLD DATE : 06/06/2022
Key Details
Property Type Commercial
Sub Type Warehouse
Listing Status Sold
Purchase Type For Sale
Subdivision Orig Town Of Commerce
MLS Listing ID 20047916
Sold Date 06/06/22
Total Fin. Sqft 27375
Year Built 1950
Annual Tax Amount $1,655
Lot Size 1.394 Acres
Acres 1.394
Property Description
***DISTRESSED PROPERTY*** This property is located in the growing City of Commerce, Texas, home to Texas A&M University - Commerce. It is located in downtown Commerce, 1 block north of the square, with 1.39 acres. It has LOTS OF POTENTIAL, including Storage Rentals, Flea Market, Antique Shops, Farmer's Market, etc... Property was once a Lumber Yard and then converted into RV and Boat Storage Units. It has not been operational since approximately 2010. The Railroad runs parallel to the property. THE BUILDINGS OR STRUCTURES MUST BE TORN DOWN AND REMOVED AS THEY NO LONGER MEET CODE. THE RECLAIMED WOOD CAN BE SOLD FOR A NICE PROFIT. SINCE THIS WAS ONCE A LUMBER YARD, CEDAR AND TREATED WOOD WAS USED. PLEASE NOTE THIS PROPERTY IS BEING SOLD AS IS. IT IS PRICED BELOW MARKET . The potential exists to build your own business and dream.Photos shown were taken several years ago, but are representative of the structures.
Location
State TX
County Hunt
Zoning Commercial, General Business/Corridor District
Direction One block north of square, on Washington Street in Commerce.
Interior
Heating Gas Jets
Cooling None
Flooring Dirt, Wood
Heat Source Gas Jets
Exterior
Utilities Available City Water
Roof Type Metal
Garage No
Building
Lot Description Level
Foundation Pillar/Post/Pier
Structure Type Siding,Wood
Others
Ownership Robert Danzi
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Quay Throgmorton • HRC Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "