1414 Main St Madisonville, TX 77864
This exceptional 1,942 square foot mixed-use property, situated on a 0.75-acre lot at 1414 E Main St in Madisonville, Texas (zip code 77864), presents a unique investment opportunity. The property, built in 1955 and extensively renovated in 2018, boasts two buildings on a single story, offering versatile zoning that permits both commercial and residential uses. The property's classification is C. The net rentable square footage is 1,942 square feet, encompassing a single unit. Its prime location on Main Street offers unparalleled visibility and accessibility, positioned advantageously between I-45 and Highway 75. The property benefits from its proximity to major retailers such as Walmart and Tractor Supply, ensuring high foot traffic and brand recognition. The spacious lot includes a large detached garage and a circular driveway with two separate entrances from Main Street, providing ample parking. This versatile property is ideal for a variety of uses, including daycare, medical office, traditional office, or even a combination thereof, making it an attractive option for both business owners and investors seeking a high-traffic location with significant potential. The asking price is $340,000. The property's APN is 17831.
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
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Property description
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