816 Milam St Mexia, TX 76667-2446

Property Details for 816 Milam St

Year built

1969

Lot size

0.17 lot acres

Property size

2,510 SF

Property type

Commercial real estate

APN

R16309

APU

R16309

Description

This exceptional 2,310 square foot commercial property, situated at 816 E Milam Street in Mexia, Texas, presents a remarkable opportunity for a diverse range of businesses. Previously utilized as a medical office, this adaptable space offers significant potential for various uses, including retail, spa, salon, law office, insurance agency, restaurant, or cafГ©. The building's interior comprises five rooms, three of which feature built-in sinks and counters, adding to its versatility. Two bathrooms are included, along with an additional room suitable for storage, a break area, or even a game room. The property also boasts a small outdoor patio and a convenient gravel corner parking lot. Located on Highway 84, this property benefits from excellent road frontage visibility on Milam Street. Its strategic location offers easy access, being approximately 43 miles from Waco, Texas, and 84 miles from Dallas. The 0.17-acre lot provides ample space for operations. In addition to purchase at $215,000, the property is also available for lease on a year-to-year basis at a monthly rate of $2300, with utilities the responsibility of the tenant. With a city zoning change, residential use is also a possibility. This property represents a unique investment opportunity with high potential for return.