123 Oak Ave Kermit, TX 79745
- Investment properties
- 16,000 SF
- 0.37 lot acres
Current Use by Public Records
- Investment properties
Property Details for 123 Oak Ave
- Year built
- 1950
- Lot size
- 0.37 lot acres
- Property size
- 16,000 SF
- Property type
- Investment properties
Description
This exceptional 16,000 square foot commercial property located at 123 N Oak Ave, Kermit, TX, presents a significant investment opportunity. Situated on a 0.37-acre lot, the property boasts ample paved parking, multiple shop bays ideal for various industrial uses, a spacious showroom floor perfect for showcasing products or services, and dedicated office space for administrative functions. A separate area is also available, suitable for parts and supplies storage or even a secondary business venture. The versatile layout allows for considerable flexibility, making it an attractive option for a single large operation or multiple smaller tenants. The property's design lends itself well to subdivision into several independent rental units, generating diverse income streams. The asking price of $200,000 reflects a substantial price reduction, presenting a compelling opportunity for buyers seeking a high-return investment in a thriving Texas market. This property is ready for immediate occupancy and offers significant potential for growth and profitability. Don't miss this chance to acquire a prime commercial space in a desirable location. Contact us today to schedule a viewing.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kermit
- County
- Winkler
- State
- Texas
- Longitude
- -103.094
- Latitude
- 31.8584