701 And Gatesville, TX 76528
- Commercial real estate
- 0.06 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 701 And
- Year built
- 1933
- Lot size
- 0.06 lot acres
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents three income-generating office buildings situated on the historic downtown Gatesville square. Two buildings boast established, fully-leased tenants, providing immediate and consistent cash flow. The third building is vacant, offering flexibility for a new business or expansion of an existing operation. Recent renovations have significantly enhanced the properties, including fresh paint, new flooring, updated HVAC systems, and roof repairs. Each building is conveniently self-contained with its own private bathroom. One building is further distinguished by a historical marker, adding to its unique character and potential appeal. The recent construction of a new courthouse annex promises increased foot traffic and economic activity in the area, making this a prime location for business growth. The 0.06-acre lot provides ample space for the three buildings. This is a rare chance to acquire a portfolio of well-maintained, income-producing properties in a revitalizing downtown area. The asking price is $275,000. Don't miss this chance to secure a valuable piece of Gatesville's history and future.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gatesville
- County
- Coryell
- State
- Texas
- Longitude
- -97.7493
- Latitude
- 31.4352
