102 Gray St Henderson, TX 75652
- Distribution centers
- 5,200 SF
- 0.26 lot acres
Current Use by Public Records
- Kenneth Orr Construction / Construction Company
Property Details for 102 Gray St
- Lot size
- 0.26 lot acres
- Property size
- 5,200 SF
- Property type
- Distribution centers
Description
This unique Henderson, TX property offers a compelling mixed-use investment opportunity. Located on the west edge of downtown, it combines a 5,200 square foot office/warehouse with two efficiency apartments (600 and 700 square feet each). The office/warehouse, currently owner-occupied by a local construction company, features old hardwood floors, a reception area, two private offices, a breakroom, and a warehouse section with semi-dock loading via a roll-up door. The apartments, each with a bathroom and kitchen, share a common laundry room. A second roll-up door, currently used as garage parking for one apartment, offers additional semi-dock loading potential. Situated on a 0.26-acre lot at 102 Gray St, 75652, this property presents an ideal owner-user scenario with income potential from the apartments, or a strong investment opportunity for leasing the entire space. The property's location in a vibrant downtown area also allows for potential short-term rentals to visitors. This three-tenant property offers a blend of commercial and residential uses in a desirable East Texas location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Henderson
- County
- Rusk
- State
- Texas
- Longitude
- -94.820727630272
- Latitude
- 32.150856951033