Gladewater, TX 75647
- Commercial real estate
- 3.50 lot acres
Current Use by Public Records
- Commercial real estate
Property Details
- Year built
- 1945
- Lot size
- 3.50 lot acres
- Property type
- Commercial real estate
Description
This exceptional 3.5-acre commercial property in Gladewater, Texas, presents a lucrative investment opportunity. Situated in a high-traffic area, this property boasts ample parking, making it highly accessible to customers. The property currently houses two distinct storefronts, currently operating as a liquor store and a separate retail space. This versatile layout offers endless possibilities for future tenants or owner-operators. The liquor store portion includes a valuable walk-in cooler, dedicated storage room, and a restroom. The adjacent retail space features an open floor plan, ideal for a variety of businesses, and also includes a restroom. The substantial lot size provides ample room for expansion, additional parking, or outdoor display areas. The property's prime location and flexible configuration make it an attractive investment for both seasoned investors and first-time buyers seeking a strong return. The existing businesses provide immediate income potential, while the adaptable layout allows for a wide range of future uses. This is a rare opportunity to acquire a well-positioned commercial property in a thriving Texas market. Don't miss out on this chance to secure a valuable asset with significant upside potential. The asking price is $345,000.
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
- Gladewater
- County
- Gregg
- State
- Texas
- Longitude
- -94.9464
- Latitude
- 32.5325