Paradise, TX 76073,3338 W Highway 114 Highway

$575,000

Est.Price: ?

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Est. payment /mo

1.23 Acres Lot


SOLD DATE : 09/23/2024

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Subdivision Original Town Paradise

MLS Listing ID 20651270

Sold Date 09/23/24

Total Fin. Sqft 6625

Year Built 2012

Annual Tax Amount $13,195

Lot Size 1.228 Acres

Acres 1.228

Property Description

Located between Boyd and Bridgeport on W Hwy 114 in Paradise. The property is currently 100% leased with an array of tenants consisting of a Sandwich Shop, Salon, Nutrition Store, Insurance Company and a Boutique. Possible upside and value add to the property due to the low rents and the current owner paying Taxes, Insurance and Maintenance. Signage paid for and installed by the EDC will cause more exposure for the tenants. The sign is scheduled to be installed possibly between August-September of 2024. The property consists of 30 parking spaces, 2 ADA spaces with a ramp. Great buy and hold for potential long or short term investment. The property is extremely well maintained. Built in 2012 with approximately 6625 sq ft of building area, with approximately 6170 sq ft of leasable space. Approximately 875 sq ft of porch in front of the store fronts.

Location

State TX

County Wise

Zoning Commercial

Direction From Rhome. Take Hwy 114 W. After you arrive in Paradise, the property is next to the Dollar General on the left.

Interior

Heating Central, Electric

Cooling Central Air

Flooring Concrete, Vinyl

Heat Source Central, Electric

Exterior

Utilities Available Septic, Underground Utilities

Roof Type Metal

Garage No

Building

Foundation Slab

Structure Type Brick,Metal Siding,Stucco

Others

Ownership Mann

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Financing Cash

Special Listing Condition Right of First Refusal, Survey Available, Utility Easement

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Bob George • Fathom Realty LLC
Bought with Bob George • Fathom Realty LLC
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