Pottsboro, TX 75076,321 E Fm 120
Pottsboro, TX 75076,321 E Fm 120
Pottsboro, TX 75076,321 E Fm 120
Pottsboro, TX 75076,321 E Fm 120
Pottsboro, TX 75076,321 E Fm 120
Pottsboro, TX 75076,321 E Fm 120
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$ 575,000
Est. payment | /mo

2,800 SqFt


$ 575,000
Est. payment | /mo

2,800 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 2,800 sqft

Price per Sqft $205

Subdivision Potts Texoma Add

MLS Listing ID 20793686

Total Fin. Sqft 2800

Year Built 2000

Annual Tax Amount $5,743

Lot Size 0.413 Acres

Acres 0.413

Property 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.

Location

State TX

County Grayson

Zoning B1 - offices, light retail, and neighborhood services

Direction Building is at the SE corner of FM 120 and Loraine St

Interior

Heating Central

Cooling Central Air

Flooring Ceramic Tile, Concrete, Linoleum, Luxury Vinyl Plank

Heat Source Central

Exterior

Utilities Available City Sewer, City Water, Natural Gas Available

Roof Type Metal

Garage No

Building

Lot Description Corner Lot

Foundation Slab

Structure Type Metal Siding

Others

Ownership Susan Grant

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Aerial Photo

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Julie Simmons • Pathway Realty LLC
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321 E Fm 120