300 E Elm St, Glen Rose, TX 76043

$800,000

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List Price
$800,000
Status
ACTIVE
MLS#
20991676
Subtype
CommercialSale
Construction Status
Preowned
Year Built
1940
Lot Size
57,063
Acres
1.31
Subdivision
East End

Property Description

Retail-commercial multi-use investment property with approximately 1.31 acres of developable opportunities. 3 parcels included in this listing. The location is one block from the vibrant, growing, downtown Glen Rose square and across the street from the entrance to the adjacent Heritage Park, both of which are host to regional music festivals, parades, weekly city events and multiple wide area events. The main building is on almost an acre, with room for building expansion and remodeling or additional units. The adjacent empty lot is almost .40 acre. The property is designated B-1 commercial zoning which allows for a wide variety of retail, office and commercial uses. The lots are level and offer ample opportunities for parking. State Hwy 144 is a main corridor between Granbury, Glen Rose, Walnut Springs and Meridian, interconnecting to highways leading to Waco. TXDOT reports over 260,000 monthly vehicle trips supporting almost 400,000 potential customers passing this site on State Hwy 144. Property Condition Statement available. Current rental income is approximately $4,000 a month.

Additional Information

Taxes
$4,208
Flooring
Carpet, Combination, Linoleum
Heating
Central, Electric
Air Conditioning
Central Air, Electric
Roof
Composition, Metal
Foundation
Combination
Parking Features
Additional Parking, Asphalt, Circular Driveway, Common, Drive Through, Guest, Gravel, Kitchen Level, None, On Site, Other, Oversized, Parking Lot, Rv/Boat Parking, Shared Driveway, On Street, Unassigned

Listing courtesy of John Lenz from Local Realty Agency Fort Worth. Contact: 817-219-5505

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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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