UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,800 sqft
Price per Sqft $178
Subdivision Potts Texoma Add
MLS Listing ID 20793686
Total Fin. Sqft 2800
Year Built 2000
Annual Tax Amount $5,743
Lot Size 0.413 Acres
Acres 0.413
Property Sub-Type Retail
Property Description
Property Overview
Built in 2000, this solid metal building offers durability and functionality, perfectly suited for a variety of commercial uses. The structure sits on a concrete slab and features a covered front porch, adding both curb appeal and convenience for patrons.
Current Configuration
• Unit 1 & Unit 2: These two units are currently leased to a well-established restaurant, offering an attractive opportunity for a buyer interested in continuing operations or reconfiguring for other uses. While the restaurant's equipment and furnishings are not included in the list price, they are negotiable, opening possibilities for seamless transition or expansion.
• Unit 3: The third unit is leased to an insurance company, providing steady rental income and diversification within the property.
Versatility and Income Potential
The flexible layout of this property makes it ideal for investors, owner-operators, or entrepreneurs seeking a high-traffic location for their business. Whether you choose to retain the current tenants, repurpose the space for retail, offices, or a new restaurant concept, this property offers unlimited potential.
Location
State TX
County Grayson
Zoning B1 - offices, light retail, and neighborhood services
Direction Building is at the SE corner of FM 120 and Loraine St
Interior
Heating Central
Cooling Central Air
Flooring Ceramic Tile, Concrete, Linoleum, Luxury Vinyl Plank
Heat Source Central
Exterior
Utilities Available City Sewer, City Water, Natural Gas Available
Roof Type Metal
Garage No
Building
Lot Description Corner Lot
Foundation Slab
Structure Type Metal Siding
Others
Ownership Susan Grant
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Aerial Photo
Virtual Tour https://iframe.videodelivery.net/a872740a25ba27b5bf2b102978a8f114

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As a resident of the Lakewood/East Dallas community Marissa can provide personal insight into our neighborhood. As a native of Dallas, Marissa attended SMU to obtain her business degree from the Cox School of Business, after 10 years in corporate America her experience in negotiating with International firms transfers directly into her real estate business. High Integrity, honesty, and a passion for people make working with Marissa a delight. As a by-referral realtor Marissa is 100% committed to you and your real estate goals. Marissa has extensive sales knowledge in various areas of the metroplex including, but not limited to Lakewood, Preston Hollow, Park Cities, Hollywood Heights, M Streets, and Lake Highlands.