100 Magnolia Ave Hubbard, TX 76648-2757
- Commercial real estate
- 3,072 SF
- 0.48 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 100 Magnolia Ave
- Lot size
- 0.48 lot acres
- Property size
- 3,072 SF
- Property type
- Commercial real estate
- APN
- 117481
- APU
- 117481
Description
This 3,072 square foot retail building located at 100 S Magnolia Avenue in Hubbard, TX presents a unique investment opportunity. Situated on a 0.48-acre lot in the heart of downtown Hubbard, this property boasts significant potential for redevelopment. The building, formerly a mower repair facility, includes a parts area and features substantial original wood framing. While the roof was damaged by high winds and a portion of the building has collapsed, a significant portion remains structurally sound and offers a solid foundation for renovation. The sale includes all existing contents, offering potential for scrap recovery. The property's prime location on a main street in Hubbard, a growing city near Waco, makes it an attractive proposition for entrepreneurs seeking a high-visibility location. The "as-is" sale allows for flexibility in planning and redevelopment, capitalizing on the existing structure and its considerable potential. The seller is motivated to find a new owner and is willing to transfer the property in its current condition. This presents a chance to acquire a substantial downtown property at a compelling price point of $100,000.
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
- Hubbard
- County
- Hill
- State
- Texas
- Longitude
- -96.794
- Latitude
- 31.845
