419 E Moore Avenue

Terrell, TX 75160
$659,000

Description

Opportunity to acquire a second generation restaurant building in the heart of Downtown Terrell, TX. Building footprint over 4600 sf with secondary parking lot over 35 guest spaces. Parking lot at 403 E Moore Avenue and Building is at 419 E Moore Avenue in Terrell, TX. Moore Avenue is a major US Hwy running East and West through the downtown Terrell district. Terrell has enjoyed continual and robust growth in Kaufman County representing one of the fastest growing counties in the country according to US Census. With an ideal location along US Hwy 80, downtown Terrell draws in visitors and residents with its charm. More than $4 million in improvements have been made to the downtown area in sidewalk, landscaping, parking and lighting improvements with more improvements to come. For more than 30 years, shops and businesses have enjoyed and profited from their prime downtown location, with many other businesses following suit, taking advantage of Terrell’s unprecedented growth. City and civic leaders continuously work to keep downtown a vibrant and vital part of Terrell through the Parks and Downtown Improvement Corporation (PADIC), which formed in 2019.Through its mission to improve Terrell’s quality of life and recommend capital improvements, the PADIC focuses on parks and downtown, furthering the city’s commitment to its Central Business District. Looking for a great investment opportunity? Look no further than this spectacular location.
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  • Property Details
      • Stories:2
      • Acres:0.5600
      • Property type:Purchase
      • Year built:1982
      • Foundation:Slab
      • Utility features:All Weather Road, City Sewer, City Water, Concrete, Electricity Connected, Individual Gas Meter, Individual Water Meter, Sidewalk
      • Subdivision:Terrell Original
      • County:Kaufman
      • MLS #:20779451
      • Cost:659000
      • Property subtype:Business
      • MLS #:20779451

Location

Phil HillReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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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.

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