Property summary
This exceptional commercial property in Paige, Texas, presents a unique investment opportunity. Located on US-290 E, the 4.88-acre lot boasts high visibility and includes two buildings totaling 9,651 square feet. The main building, originally designed as office space, now features 16 rooms, a full bathroom, two half bathrooms, a kitchen, and a dining room. Its adaptable layout is suitable for various uses, including offices, educational facilities, or retail. A 450-square-foot auditorium adds versatility for presentations or events. A second, 2,400-square-foot building offers unfinished space for expansion or customization. Ample parking is provided with 23 spaces, including 6 covered spots. The property is zoned for commercial use and offers significant potential for growth, with the possibility of acquiring an additional 2 acres. The asking price is $1,200,000, with a net rentable area of 7,521 square feet, resulting in a price per square foot of $165.49. The property is currently available for owner/user investment and has an occupancy date of January 1, 2025. Built in 2005, this Class B property offers a rare chance to own a thriving commercial space in a high-traffic location.
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6 recent transactions · within 1.5 miComparable in this City
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