Welcome or Register
KIM STORY
Story Real Estate
OWNER/BROKER/REALTOR 
®
714 E. Milam
Mexia, TX 76667
Phone: 254-562-6617
Fax: 254-562-6977
Toll Free:  1-866-930-KimS (5467)
Cell:  903-388-8826
Website:  Http://kimstorysold.com
Email: kim@kimstorysold.com

Mollie McCoslin, Realtor ®
Cell: 903-388-2002
EMail:  mollie@kimstorysold.com

Lance Story, Realtor ®
Cell:  903-388-1777
Email:  Lance@kimstorysold.com

Judy Chilcoat, Realtor ®
Cell:  512-680-4480
Email:  Judy@kimstorysold.com

Lois Ferguson, Realtor ®
254-744-2878
Email:  Lois@kimstorysold.com

Christi Shivers, Realtor ®
Cell:  254-625-1895
Email:  Christishivers@kimstorysold.com

Kathy McSwane, Realtor ®
Cell:  903-388-2024
Email:  Kathy@kimstorysold.com

The Greatest Compliment We Can Receive Is A Referral Of Our Real Estate Services To Your Family & Friends!

 
Back to Featured Listings
$395,000 For Sale

1335 E Milam Street
Mexia, TX 76667

7 units |

0.88 acre lot
Commercial: Sale - MLS# 13301752
Property Photo
1/17

Description

HUGE PRICE REDUCTION!! Incredible Investment Opportunity! Near WalMart! 10% + CAP Rate...Instant income! Keep this investment business as usual, or bring in a new franchise - Its the location of this shopping center that sells itself. It has been a long time source of shopping for Mexia and the Tri County area. It has 7 businesses that keep business booming. These units are set up on multiple yr leases. The buildings are painted and well maintained. Behind the shopping cntr is a lg fenced lot that has potential for more lease space! P&L upon request. Owner pays taxes and liability ins for the property. Tenants pay own utilities. Owner takes care of maintenance in 3 of 7 units, others as is leases.

Features

  • Acres: 0.8800
  • Area: LIMESTONE COUNTY (157), Limestone County No Subarea (1)
  • Listing Status: Active
  • Sub Type: Sale
  • Subdivision/Neighborhood: Capps Add
  • Units: 7
  • Year Built: 1960
  • Zip Code: 76667
  • SQFT Building: 10115
  • Security Features: Exterior Security Light(S), Fire/Smoke, Leased
  • Roofing: Metal, Other
  • Road Frontage: Asphalt, City, Concrete, Curbs/Gutters, U.s. Highway Ft.
  • Property Type: Commercial
  • Parking Features: Common Lot, Front, Oversized
  • Occupancy Rate: 100
  • Number Of Spaces Leased: 7
  • Number Of Leaseable Spaces: 7
  • SQFT Gross: 30245
  • SQFT Leasable: 10115
  • Stories: 1
  • Year Built Details: Preowned
  • Utilities: All Weather Road, Asphalt, City Sewer, City Water, Concrete, Curbs
  • Topography: Level
  • Tenant Pays: All Utilities, Electric, Water
  • Subdivision: Capps Add
  • Net Annual Income: 51090
  • Municipal Utility District YN: Yes
  • County/Area: Limestone County
  • Construction Materials Walls: Brick, Metal, Paneling, Texture
  • Construction Materials: Block, Common Wall, Siding
  • Commercial Features: Computer Ready, Fenced Outside Storage, Inside Storage, Security Lighting, Shelving, Truck Bay
  • Ceiling Height: 8 To10 Feet
  • Business Name: Roy Crook Shop Cntr
  • Building Use: Automotive, Other, Retail
  • Building Area Source: Tax
  • Average Monthly Lease: 700
  • Flooring: Carpet, Concrete, Other
  • Foundation Details: Slab
  • Gross Annual Expenses: 6010
  • Lot Size Units: Acres
  • Lot Size Source: Other Documentation
  • Lot Size Area SQFT: 38332.80
  • Lot Size: .5 Acre To .99 Acre
  • Lot Number: 9
  • Inclusions: Land & Improvements
  • Heating: Central Air-Elec, Central Heat-Elec, Window Unit
  • Gross Annual Income: 58800

Video

https://www.youtube.com/watch?v=XR2ET1-J2qY

Equal Housing OpportunityMLS membershipREALTOR® certification

Thank you for visiting today. If this is your first visit, take your time and look around. We have plenty of information and resources available to you. If you are a return visitor, thank you. We would love to hear from you. We can serve all your real estate needs.