617 N 7th St, Sulphur Springs, TX 77520
- $374,000
- 2,390
- SqFt
- List Price
- $374,000
- MLS#
- 21340727
- Status
- ACTIVE
- Type
- Commercial
- Subtype
- CommercialSale
- Year Built
- 1960
- Construction Status
- Preowned
- Acres
- 0.94
- Living Area
- 2,390
- County
- Hopkins
- City
- Sulphur Springs
Property Description
Exceptional commercial investment opportunity just minutes from downtown Sulphur Springs! Situated on 0.94 acres, this versatile property offers multiple streams of income with endless possibilities for investors or owner-operators. Lease the existing units for immediate rental income or utilize them for your own business. The property features a three-bay shop with water and electricity, ideal for a wide variety of commercial uses, along with a three-bay awning for additional covered workspace or storage. Residential income includes two separate apartments—one 1-bedroom, 1-bath unit and one 2-bedroom, 1.5-bath unit. Additional income-producing features include 10 storage units and 1 RV rental space. Whether you're looking to expand your investment portfolio, operate your business on-site, or develop the property further, this unique commercial property offers flexibility, functionality, and excellent income potential in a prime location near downtown.
Additional Information
- Unexempt Taxes
- $2,693
- Tenant Pays
- AllUtilities
- Lot Size
- 40,946
- Acres
- 0.94
- Flooring
- Concrete
- Foundation
- Slab
- Roof
- Composition, Metal
- Building Stories
- 1
- Parking Garage
- Additional Parking, Common, Driveway, Rv/Boat Parking
- Possession
- CloseOfEscrow
- Proposed Use
- Automotive, Industrial, Office, Warehouse
- Inclusions
- Building Only, Land & Improvements
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Listing courtesy of Parris Pickett from RE/MAX Advanced. Contact: 903-885-5040