321 E Fm 120

Pottsboro, TX 75076
$575,000
2800 sqft | 0.41 acres | #20793686
For Sale

Description

Discover an exceptional investment opportunity with this versatile 3-unit commercial property located on the bustling main road of Pottsboro, Texas. Ideally situated on a .413 acre lot, this property offers high visibility and accessibility in an area poised for significant growth. With Lake Texoma just minutes away and major developments such as the upcoming Hard Rock and Margaritaville resorts, this location is positioned to benefit from increasing local and tourist traffic. Property Overview Built in 2000, this solid metal building offers durability and functionality, perfectly suited for a variety of commercial uses. The structure sits on a concrete slab and features a covered front porch, adding both curb appeal and convenience for patrons. Current Configuration • Unit 1 & Unit 2: These two units are currently leased to a well-established restaurant, offering an attractive opportunity for a buyer interested in continuing operations or reconfiguring for other uses. While the restaurant’s equipment and furnishings are not included in the list price, they are negotiable, opening possibilities for seamless transition or expansion. • Unit 3: The third unit is leased to an insurance company,providing steady rental income and diversification within the property. Versatility and Income Potential The flexible layout of this property makes it ideal for investors, owner-operators, or entrepreneurs seeking a high-traffic location for their business. Whether you choose to retain the current tenants, repurpose the space for retail, offices, or a new restaurant concept, this property offers unlimited potential.
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  • Property Details
      • Stories:1
      • Lot description:Corner Lot
      • Acres:0.4130
      • Square Feet:2800.00
      • Property type:Purchase
      • Year built:2000
      • Foundation:Slab
      • Utility features:City Sewer, City Water, Natural Gas Available
      • Subdivision:Potts Texoma Add
      • County:Grayson
      • MLS #:20793686
      • Cost:575000
      • Property subtype:Retail
      • MLS #:20793686

Location

Legal

© 2023 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Phil Hill shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright

Last Updated: . Source: NTREIS

Listing Courtesy
Listing Agent: Julie Simmons
Listing Office: Pathway Realty LLC

Phil HillReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

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2.6%
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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.

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© 2023 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Phil Hill shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright