May St Madisonville, TX 77864

Property Details for May St

Year built

1973

Lot size

2.50 lot acres

Property type

Commercial real estate

Description

This exceptional commercial property, located on May Street in Madisonville, TX, presents a unique investment opportunity. The 2.51-acre lot boasts significant highway frontage on Hwy 75, ensuring high visibility and accessibility. The property includes two existing buildings, ideal for a variety of commercial uses. Building #1 offers a substantial 8470 square feet of space, previously configured as office, showroom, and service garage areas. Building #2 is a separate 3420 square-foot structure with a three-bay workshop layout. The property's strategic location near a major grocery store, restaurants, and other retail establishments provides convenient access to daily necessities and a strong customer base. Its proximity to Hwy 75 and Hwy 21, along with its minutes-away access to I-45, guarantees excellent exposure to a high volume of daily traffic. The area is experiencing significant growth, with the ongoing widening of Hwy 21 and a planned TX Dot project, the SL 1853 Relief Route, further enhancing the property's long-term value. Situated in one of the fastest-growing rural submarkets in the Houston to Dallas corridor, this property offers a compelling investment opportunity within the central BCS to Palestine region. The asking price is $1,299,000.

Location Insight

City

Madisonville

County

Madison

State

Texas

Longitude

-95.9118

Latitude

30.9508