$549,000

Description

Business opportunity awaits! Located between Dallas and Texarkana (just south of I-30) is the historic community of Winnsboro. This historic 1893 building stands at the most sought-after corner of Main Street. This fully renovated 3641 sq ft property features 3050sf ground floor, 591sf of loft, storage area, 2 restrooms and street parking. Currently operating as a retail business since 2014, the location boasts consistent foot traffic, making it an attractive opportunity for another retailer to seamlessly take over. Alternatively, the space could be transformed into a high-end restaurant to draw regional guests. With excellent visibility from 5,323 daily passing vehicles, this bustling city offers a prime investment location. The vibrant community is renowned for its Cultural Arts, with the Art District hosting various events and festivals that captivate both locals and visitors year-round in the downtown area. Don't miss out on this chance - schedule your showing today!

  • Property Details
      • Stories:2
      • Lot description:Corner Lot, Zero Lot Line
      • Acres:0.0700
      • Property type:Purchase
      • Year built:1893
      • Foundation:Pillar/Post/Pier
      • Utility features:City Sewer, City Water, Individual Water Meter, Sidewalk
      • Subdivision:City of Winnsboro
      • County:Wood
      • MLS #:20702585
      • Cost:549000
      • Property subtype:Business
      • MLS #:20702585

Location

Phil HillReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00