502 S 3RD Street

Mabank, TX 75147

$295,000

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Description

Gated 51 storage unit business + RV storage + 1521 sq ft home or office or retail space w 2nd story storage under heat and air = OPPORTUNITY KNOCKING! Room to expand units. All concrete drives and wireless remote access. Live in the house or convert back to retail space or office(s). Located on state hwy with great traffic count in Mabank. Home originally built as florist in 1997 then storage units built in 2000. Room to add an additional 600-800sf more. RV is the owner's but that space could be leased. Storage business currently known as Stash-N-Dash.

Status
Active
MLS#
14197358
Subdivision
Mabank (downtown)
Square Feet
8,596
Price Before
399,000.0%
Reduced by Percentage
-26.1%
Price Per Sq Ft
$34.32
Shelly Brown-Qualls's Photo

Shelly Brown-Qualls

Realtor
Ebby Halliday, Realtors Preston Center Office

(214)934-0077

Contact Me

Additional Details

General

County Kaufman
Mud District No
Construction Status Preowned
Zoning Com/Res
Multi-Zoning Yes
Listing Type Commercial
Square Foot Source Tax
Lot Square Feet .5 Acre to .99 Acre
Gross Square Feet 9,156
Leasable Square Feet 9,156
Year Built 1997
Stories 1
Number of Units 52
Features
Fenced Outside Storage
Living Areas
Inclusions
Building Only
Land & Improvements
Heating / Cooling
Central Air-Elec
Central Heat-Elec
Special Notes
Aerial Photo
Utility Easement

Financial

Gross Income $24,000
Net Income $13,275
Gross Annual Expenses $9,332
Possession Closing / Funding
Tenant Pays
Renters Insurance
Owner Pays
Electric
Insura
Income / Expense Source
Owner
Proposed Financing
Cash
Conventional

Interior

Exterior

Lot & Land

This listing 502 S 3rd Street, Mabank, TX 75147 is a commercial listing with and approximately 8,596 square feet on a lot of 28,750 sqft (or 0.66 acres). 502 S 3RD Street was built in 1997. 502 S 3RD Street is located in Mabank and in ZIP Code 75147. It has been listed on our site since 2019-10-03 07:54:47.

*Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.

The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

**Assumes 4.25% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, home owner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Listing Agent:Shelly Brown Qualls
Broker:Ebby Halliday, REALTORS
EHO Realtor

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