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1895 Fm 551

Fate, TX 75189
  • $600,000
  • STATUS: Active
  • ON SITE: 65 Days
  • MLS #: 14709968
UPDATED: 11 min ago
$600,000
  • 0
    BEDS
  • 1.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
na
Type:
Commercial
Built:
1980
County:
Area:

School Ratings & Info

Offered by Ed Reames of Fraser Team Realty.

Description

This property is 1.5 acres with multiple buildings including the main building, an auxiliary building and a parsonage. This location has been used as a church and is leased as such thru November 1, 2022. The property is zoned commercial so various other uses could be done. It could also continue as a church. In addition to the building it has a large parking lot, an existing aerobic system and its fenced with lots of room for expansion. The main building is leased thru November 1, 2022 to a local church who's building nearby. The property can be repurposed for commercial purposes including light manufacturing, storage or various other uses. Its located less than 1 mile south I30. Come check it out.

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© 2022 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Real Estate By Design | Keller Williams. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Real Estate By Design | Keller Williams are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-01-18T08:39:04.957.
www.rebdgroup.com/homes/123275298
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1895 Fm 551 Fate, TX 75189

  • Price: $600,000
  • Status: Active
  • On Site: 65 Days
  • Updated: 11 min ago
  • MLS #: 14709968
0
Beds
0
Baths
0
½ Baths
1.5
Acres
1980
Built
Neighborhood:
na
County:
Rockwall
Area:
Fate
Property Description
This property is 1.5 acres with multiple buildings including the main building, an auxiliary building and a parsonage. This location has been used as a church and is leased as such thru November 1, 2022. The property is zoned commercial so various other uses could be done. It could also continue as a church. In addition to the building it has a large parking lot, an existing aerobic system and its fenced with lots of room for expansion. The main building is leased thru November 1, 2022 to a local church who's building nearby. The property can be repurposed for commercial purposes including light manufacturing, storage or various other uses. Its located less than 1 mile south I30. Come check it out.
Exterior Features

Construction BrickConcreteSidingWood Construction Materials Walls Brick Foundation Slab Lot Dimensions 181' X 363' Parking Or Garage Fenced Open LotOpenOutside EntryUncovered Road Frontage Distance 181 Road Frontage Type AsphaltCountyFm Road Roof Composition Topography Cleared Waterfront YN No

Interior Features

Ceiling Height 11 To 14 Feet Commercial Features Inside StorageOutside StorageYard Sprinklers Flooring CarpetConcreteVinyl Heating Central Air-ElecCentral Heat-Elec Sq Ft Building 3034 Sq Ft Gross 3034 Sq Ft Leasable 3000

Property Features

Alarm Or Security Type Smoke Detector Average Monthly Lease 2100 Building Area Source Tax Building Use Beauty/BarberChurchOfficeOtherStorage WarehouseWholesale Commercial Zoning Cmrcl Construction Status Preowned Gross Annual Expenses 15000 Gross Annual Income 25200 Inclusions Building OnlyLand & Improvements Income Expense Source Owner Leased Spaces 1 Lot Size Source Other Documentation Multi Zoning No Municipal Utility District No Net Annual Income 12000 Possession Closing/Funding Property Type Com-Sale Proposed Financing CashConventional Tenant Pays Other Total Annual Expenses Include ElectricInsuranceMaintenance Unexempt Taxes 9343 Utilities Aerobic SepticAll Weather RoadIndividual Water Meter Will Subdivide No

Listing information © 2022 North Texas Real Estate Information System.


© 2022 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Real Estate By Design | Keller Williams. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Real Estate By Design | Keller Williams are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-01-18T08:39:04.957.
 
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Real Estate By Design | Keller Williams
2434 Lillian Miller Pkwy
Denton TX, 76205
Offered by Ed Reames of Fraser Team Realty.