102 Ellis St Groesbeck, TX 76642

Property Details for 102 Ellis St

Year built

1986

Lot size

0.12 lot acres

Property size

4,403 SF

Property type

Commercial real estate

APN

R7507

APU

R7507

Description

This exceptional 3,962 square foot freestanding office building presents a rare investment opportunity in the heart of Groesbeck, Texas. Located on a 0.12-acre corner lot at 102 N Ellis Street, this property enjoys high visibility on Highway 14, placing it near other businesses and within easy walking distance of the Limestone County Courthouse. The building is currently fully leased to two established tenants: a Subway restaurant and a thriving dog grooming and training business occupying separate office spaces. The office spaces feature multiple offices, conference rooms, and restrooms, providing ample space and functionality for the current tenants. The long-term lease agreements ensure a stable and predictable income stream for the new owner. This turnkey investment offers a compelling combination of prime location, strong tenancy, and significant potential for future growth. The building's size and configuration offer flexibility for potential future uses, making it an attractive option for both seasoned investors and those seeking a stable, income-generating asset. The property's central location in Groesbeck's downtown area provides easy access to local amenities and a strong customer base. This is a truly exceptional opportunity to acquire a profitable and well-maintained commercial property in a desirable location. The asking price is $240,000.