Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2014
Sq.Footage
3,800
High visibility on the Mineral Wells Hwy corrider between Weatherford and Mineral Wells known as Cool Tx. Value -add invester opportunity in Weatherford-Cool! This 1.118 acre prtoperty on high-traffic Mineral Wells Hwy (US180) features a 35 unit storage facility, a large 1800 Sq Ft commercial workshop, and a 600 sq ft 1bed 1 bath fixer upper home. Due strictly to past property managment challenges, the storage facility is heavily under rented ( only 4 units currently occupied), offering an incredible turnaround play. Storage infrastructure includes 31 (10x10) units at market rent of $85.00-mo and 4 (5x5) units at $55.00-mo, projecting a baselinestorages gross income of $2,855-mo ( $34,260-yr.) at full occupancy. The large, 1800 sq.ft workshop is perfectfor a contractor, mechanic, or owner operator, or leased out for additional income. The 1.188 acres offers execellent highway visibility, prominent signage potential, and ample open land( with 4 ingress-egress options) to expand into lucrative boat-rv parking. Bring your management skills to unlock this multi-stream income property.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Other
-
Heating YN
YES
-
Heating
Other
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Wood Siding, Metal Siding
-
Parking
Asphalt, Electric Gate, Storage
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
1.188
-
Lot Size(square feet)
51,749
-
Property Type
Commercial Sale
-
Property Sub Type
Business
Price
-
Sales Price
$350,000
-
Financing Options
Cash, Conventional
-
Zoning
not zoned
-
Sq. Footage
3,800
-
Price/SqFt
$92
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Foundation Details
Slab
-
Sewer
Septic Tank
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Location
County
Parker
Elementary School
Middle School
High School
Listing Courtesy of ROBERT PETERSEN, EQUISTAR PROPERTIES
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AGENT
Joe Boston
Call Joe today to schedule a private showing.
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