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118 South St Mathis, TX 78368

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For Sale
$75,000

Distressed Commercial Building, High Potential

Property size:
7,635 SF

Property Features for 118 South St

General Information

Property type
Other commercial real estate
Square Feet
7,635 SF

Building Details

Year Built
1982

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Listing Contact
Marc Longoria

Listing Agency: LPT Realty, LLC Listing Agent: Marc Longoria

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This 7,635 square foot commercial property located at 118 N South St, Mathis, TX, presents a unique investment opportunity. Currently in a distressed state, this property offers significant potential for redevelopment. The building's configuration suggests a previous use as a mixed-use property, potentially housing five residential apartment units along E Rockport St and three commercial units along N South St. The property requires substantial renovation and is being sold "as is." Buyers are strongly encouraged to independently verify all information, including zoning regulations and any applicable restrictions, with the City or County of Mathis. It's important to note that an adjacent microbrewery is located behind the building. The seller is open to considering offers for the sale of a portion of the property, making this an adaptable investment opportunity for various development plans. This property is priced at $75,000 and sits on a lot with no acreage listed. Serious inquiries only. The property's condition necessitates a thorough due diligence process before any purchase commitment. This is an ideal project for an investor with a vision for revitalizing a property and maximizing its potential within the Mathis, Texas market. The unique layout and location offer a chance to create a thriving commercial space.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Mathis
County
San Patricio
State
Texas
Longitude
-97.82718
Latitude
28.09455

FAQs

What type of property is this?
Commercial real estate - Distressed Commercial Building, High Potential
Where is this commercial real estate located?
The property is located at 118 South St Mathis, TX.
What is the asking price?
The asking price for this property is $75,000.
More about this property
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