1300 And Gatesville, TX 76528

Property Details for 1300 And

Year built

1945

Lot size

2.31 lot acres

Property type

Commercial real estate

Description

This exceptional Gatesville commercial property boasts 2.31 acres of prime real estate with significant frontage on Highway 84, experiencing daily traffic counts exceeding 11,000 vehicles. The property comprises two parcels (1300 and 1302 W Main Street), totaling 2.308 acres. The front portions are commercially zoned, while the rear sections are residentially zoned, presenting versatile development options. Currently, the property includes a house (used residentially) and a former gas station (used for storage). This presents a unique opportunity to capitalize on existing structures or redevelop the entire site. The property benefits from city water and sewer connections, along with readily available electric and high-speed fiber optic internet. Its strategic location is further enhanced by its proximity to FM 116 and Highway 36, contributing to a substantial traffic volume of 82,000 short-term counts and approximately 1,000 vehicle classification counts. The thriving Gatesville community, with a population of 17,460, offers a strong local market, supported by 4A schools and key employment sectors including medical facilities and correctional institutions. This property is ideally suited for a variety of commercial ventures, including restaurants, retail establishments, or mixed-use developments, promising high visibility and substantial foot traffic. The asking price is $295,000.

Location Insight

City

Gatesville

County

Coryell

State

Texas

Longitude

-97.7725

Latitude

31.434