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$ 1,398,886
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
ENTITLEMENTS COMPLETED!! -11± Acres -Multiple Income Streams on 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) and has caught attention of multi-family developers. 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