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
Property Details
- Cooling
- 1
- Heating
- Central, Electric
- Cooling Features
- Central Air, Ceiling Fans, Electric
- Lot Features
- Acreage, Back Yard, Corner Lot, Lawn, Pasture, Pond On Lot, Level
- Stories
- 1
- Lot Description
- Acreage, Back Yard, Corner Lot, Lawn, Pasture, Pond On Lot, Level
- Acres
- 0.0
- Lot Size (sqft)
- 11.741
- Parking Features
- Additional Parking, Concrete, Driveway, Garage Faces Front
- Parking
- 1
- Parking Type
- Driveway
- Property Type
- Purchase
- Property Subtype Additional
- Business
- Year Built
- 1954
- Foundation
- Slab
- Roof
- Composition, Metal
- Sewer Information
- Public Sewer
- Utility Source
- Community Coop
- Utility Features
- Electricity Available, Electricity Connected, Overhead Utilities, Sewer Available, Water Available
- Subdivision
- City of Sulphur Springs
- County
- Hopkins
- Region
- Sulphur Springs
- Taxes Annual
- $4,391
- MLS #
- 21347001
- Property Subtype
- Business
- Parcel Number
- R000007540
- MLS #
- 21347001
- Property Condition
- Resale
- Address
- 1351 S State Highway 19
Location
Legal
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Provided By
Listed by Janet Martin (#0479952)
Listing Office: Janet Martin Realty (#JNMT01)
