Unknown, Strawn, TX 76475

Property Details for Unknown

Year built

1986

Lot size

4.93 lot acres

Property type

Commercial real estate

APN

219748200

APU

219748200

Description

This exceptional retail property, located at 2503 N State Highway 16 Unit B, Strawn, TX, presents a unique investment opportunity. The 6,025 square foot building sits on a 4.93-acre lot at a key intersection, offering high visibility and accessibility. Its strategic location at the junction of TX-16, a major route to Possum Kingdom Lake, and Hells Gate Drive, leading directly to popular recreational destinations like Sportsman's World and Bluff Creek Marina, ensures consistent traffic and customer flow. The property is currently operating as a successful general store, boasting diverse revenue streams including fuel sales, a restaurant, convenience and grocery items, beer and wine sales, and entertainment options. Financial records indicate consistent strong performance, with gross sales averaging over $1,400,000 annually for the past three years. The sale includes not only the real estate but also the established business and over $250,000 worth of fixtures, furniture, and equipment (FF&E). This turnkey operation offers immediate income potential and significant upside for a savvy investor looking to capitalize on the thriving tourism and recreation industry surrounding Possum Kingdom Lake. The property's size and location provide ample opportunity for expansion or diversification of the existing business model. This is a rare chance to acquire a well-established, profitable business with significant growth potential in a desirable location.

Location Insight

City

Strawn

County

Palo Pinto

State

Texas

Longitude

-98.4762

Latitude

32.7838

CBSA code

33420

CBSA name

MINERAL WELLS, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments