3Rd St Nixon, TX 78140
This exceptional commercial property, located at W 3rd Street Unit 120 in Nixon, Texas, presents a remarkable investment opportunity. Spanning a sizable 0.48-acre lot, the recently remodeled building is ideally suited for a diverse range of businesses. The interior boasts a well-designed layout featuring a bar, a spacious open area perfect for events or customer seating, and a dedicated area for live music performances. Conveniently included are a manager's office, separate restrooms for men and women, and ample storage space. The exterior offers significant potential, with room for a BBQ area and additional parking to accommodate customers and staff. The building's versatility makes it suitable for various uses, including restaurants, general businesses, medical offices, retail establishments, or even light manufacturing. While the existing equipment is not included in the sale price of $295,000, it is available for separate purchase. Note that a separate portable building, currently housing a coffee shop, is not part of this sale. This property's prime location and adaptable design make it an attractive investment with significant upside potential. The building's recent remodel ensures immediate occupancy and operational readiness. Don't miss this chance to acquire a thriving commercial space in a growing Texas community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.