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$ 1,498,886
Est. payment /mo
Price Dropped by $100K
929 N Main #941 N Main Lumberton, TX 77657
517,493 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 517,493 sqft
Price per Sqft $2
Subdivision Tx
MLS Listing ID 263876
Lot Size 11.880 Acres
Lot Dimensions multiple
Property Sub-Type Commercial
Property Description
11± Acres | Multiple Income Streams + Fully Entitled Development Opportunity | State Hwy 96. An exceptional opportunity to acquire a high-visibility 11± acre commercial property on State Highway 96, offering immediate income opportunity and significant upside. Existing Income-Producing Assets on 1.43 acres with 2 culvert entrances. This property includes three established revenue streams, providing cash flow while future development plans are executed: Furnished Short-Term Rental (STR) – turnkey, income-producing lodging, Short term lease on 941 N. Main and Billboard Sign Income – additional passive revenue/strong highway exposure. Beyond the existing income, the site includes a fully entitled commercial development tract (10.442/ac) positioned for health and wellness community, acute rehab, boutique hotel or hospice. Broker is Owner.
Location
State TX
County Lumberton
Interior
Heating Central Electric
Exterior
Roof Type Composition Shingle
Building
Story One
Foundation Slab
Structure Type 3/4 Brick Veneer,Alum./Steel Siding
Others
Acceptable Financing Cash, Conventional, Will not Divide
Listing Terms Cash, Conventional, Will not Divide
Financing Cash,Conventional,Will not Divide
Virtual Tour https://www.youtube.com/watch?v=oG3PVCLzAaE
Listed by Double H Property Management
Nearby Locations