Homes by Email

Be the first to see new listings as soon as they hit the market!

Quick Search


view all


Any

Any

No Min.

No Max.

Kim Story

Story Real Estate

Mexia, TX 76667

254-562-6617
Contact Us

Contact Us





* fields are required
Back to Closed Listings
Off Market

1335 E Milam Street
Mexia, TX 76667

7 units |

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

Sold

Sold on Jan 23, 2018

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

Story Real Estate

714 E. Milam
Mexia, TX 76667
Phone: 254-562-6617
Fax: 254-562-6977
Email: kim@kimstorysold.com

Testimonials

Thanks for all your help in making our "dream home" a reality. We really appreciated that you went the extra mile to get us the best price for our home. You are truly a professional.
In all our dealings with Realtors over the past ten years, we have never met anyone as helpful and energetic as you have been. Without hesitation, we would highly recommend your service to anyone who is looking for an experienced Realtor who cares about getting things done and doing them right! Thanks for taking such good care of us, we couldn't have done it without you!
View All

Connect With Us

Newsletter

Subscribe to our newsletter...

* fields are required
Real Estate Websites by iHOUSEweb iconiHOUSEweb | Admin Menu