Current Use by Public Records
- Retail properties & Spaces
Property Details for 1612 Hwy
- Year built
- 1957
- Lot size
- 0.35 lot acres
- Property type
- Retail properties & Spaces
Description
This exceptional 1,700 square foot retail building in Mabank, Texas, presents a remarkable investment opportunity. Located at 1612 S Hwy 198, this property boasts a prime commercial location with high traffic volume, situated in a rapidly growing area just an hour from both downtown Dallas and Tyler. The building, constructed in 1957, has undergone nearly $200,000 in recent renovations, resulting in a completely modernized space. Improvements include a fully renovated brick exterior, from roof to foundation, completed within the past year. The interior features luxury vinyl plank flooring throughout, four offices, a technology room, a break room, and two restrooms, all ADA-compliant. The property sits on a 0.35-acre lot, complete with a freshly painted solid pipe fence and a brand-new parking lot. Enjoy beautiful views of a pond located behind the building. Its strategic location is directly across from a large fireworks store and a minute away from Lowe's, McDonald's, car dealerships, and schools. The property's zoning is commercial, and the APN is 079401000A0051. This turnkey property is ready for immediate occupancy and benefits from the recent sale of 121 surrounding acres, indicating significant future development potential in the area. Owner financing is available. Don't miss this chance to own a thriving commercial property in a booming Texas market.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mabank
- County
- Henderson
- State
- Texas
- Longitude
- -96.1083
- Latitude
- 32.3455
