Current Use by Public Records
- Commercial real estate
Property Details for Texas Ave
- Year built
- 1905
- Lot size
- 0.14 lot acres
- Property type
- Commercial real estate
Description
This exceptional commercial property in Mart, Texas, presents a unique investment opportunity. Located on a prominent corner lot at the intersection of Tx-164 and E Texas Avenue, this two-story building boasts a total of 12,428 square feet. Currently housing an established liquor store occupying 3,047 square feet, the property offers significant upside potential with an additional 9,382 square feet of unfinished space. This expansive area is adaptable to a variety of uses, including retail or residential development, allowing for substantial income generation or expansion of the existing business. The building's historical character adds to its charm and appeal, while its convenient location just minutes from Waco ensures high visibility and accessibility. The 0.14-acre lot provides ample space for parking and potential future development. This is a rare chance to acquire a well-established business with significant expansion possibilities in a thriving area. The property's versatility makes it ideal for investors seeking a strong return on investment or entrepreneurs looking to establish a multi-faceted business. The existing liquor store provides immediate cash flow, while the substantial unfinished space offers limitless possibilities for growth and customization. Don't miss this chance to own a piece of Mart's vibrant commercial landscape. The asking price is $999,000.
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
- Mart
- County
- McLennan
- State
- Texas
- Longitude
- -96.8335
- Latitude
- 31.542
