1351 S State Highway 19, Sulphur Springs, TX 75440
- $2,148,038
- List Price
- $2,148,038
- MLS#
- 21347001
- Status
- ACTIVE
- Type
- Commercial
- Subtype
- CommercialSale
- Year Built
- 1954
- Construction Status
- Preowned
- Acres
- 11.74
- County
- Hopkins
- City
- Sulphur Springs
- Subdivision
- City of Sulphur Springs
Property Description
HIGH-VISIBILITY HEAVY COMMERCIAL CORNER — INCOME NOW, UPSIDE LATER! Rare opportunity to acquire a strategically positioned high-traffic corner property zoned Heavy Commercial, offering the potential for immediate income and significant long-term upside. This offering is for land and improvements only—the existing automotive repair business is tenant-owned and does not convey. All business assets, tools, equipment, inventory, and personal property associated with the automotive operation are excluded from the sale. The property is currently generating income, with the retail or commercial space leased to the automotive repair tenant for storage. The house is vacant, giving the new owner additional flexibility for future use, renovation, leasing, or redevelopment, subject to zoning and applicable regulations. For the investor with vision, this property presents a compelling “income while you plan” opportunity. Maintain the existing rental arrangement while evaluating the highest and best use of this prominent corner. With Heavy Commercial zoning and excellent exposure, the possibilities are extensive. Potential concepts could include a large truck wash, commercial rental facility, retail center, service business, contractor facility, or other high-demand commercial development. The combination of strategic location, existing improvements, current rental income, and substantial redevelopment potential makes this a property worth a serious look. Buy the real estate today, collect income while you plan, and position yourself to capitalize on the future potential of this high-traffic commercial corner. LAND & IMPROVEMENTS ONLY. Automotive repair business, business name, tools, equipment, inventory, and other personal property do NOT convey with the sale
Additional Information
- Unexempt Taxes
- $4,391
- Tenant Pays
- AllUtilities, TrashCollection
- Lot Size
- 511,437
- Acres
- 11.74
- Lot Description
- Back Yard, Corner Lot, Lawn, Pasture, Pond(s), Level
- Flooring
- Concrete
- Foundation
- Slab
- Roof
- Composition, Metal
- Building Stories
- 1
- Parking Garage
- Additional Parking, Paved, Driveway, Garage Faces Front
- Possession
- ClosePlus60To90Days
- Proposed Use
- Automotive, Retail
- Inclusions
- Land & Improvements
Mortgage Calculator
Listing courtesy of Janet Martin from Janet Martin Realty. Contact: 903-885-1234
Listing 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.
Last updated: