4,320 SqFt
4,320 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 4,320 sqft
Price per Sqft $192
Subdivision Homer Evans Add
MLS Listing ID 21032473
Total Fin. Sqft 4320
Year Built 1990
Annual Tax Amount $8,197
Lot Size 0.680 Acres
Acres 0.68
Property Sub-Type Business
Property Description
Excellent investment opportunity in the heart of Leonard, Texas! This well-maintained 4,300 square foot commercial strip center features four separate business units, each with its own entrance, utilities, and signage potential. Situated on a high-visibility corner with steady traffic, this property offers strong income potential and long-term value.
Whether you're looking to expand your portfolio or establish your own business while leasing the other spaces, this versatile property is perfect for retail, office, service providers, or mixed commercial use. Ample parking, solid construction, and a strategic location make this a turnkey opportunity in a fast-growing area of Fannin County. Ask about an additional retail property that is available to go with this one. Sellers own the long time operating laundromat and equipment, which is included in the sale. They also already have new equipment with a plan to enlarge the laundromat into the adjoining space to accommodate a substantially growing number of customers. They also use the adjoining space for their air conditioning business, which a new owner could lease for additional income.
Don't miss your chance to own a fully occupied (or easily leasable) commercial asset in one of North Texas's up-and-coming communities.
Location
State TX
County Fannin
Zoning Commercial
Direction From north or south take Highway 69 to Leonard. The strip center is located at the intersection of Hwy 69 and Highway 78 (Mulberry St.). It is across the street from the high school football field, and next door to Lea's Restaurant.
Interior
Heating Central, Electric, Natural Gas
Cooling Ceiling Fan(s), Central Air, Electric, Heat Pump
Flooring Concrete
Heat Source Central, Electric, Natural Gas
Exterior
Utilities Available All Weather Road, City Sewer, City Water, Electricity Connected, Gravel/Rock, Individual Gas Meter, Individual Water Meter, Master Gas Meter, Natural Gas Available, Overhead Utilities, Phone Available, Sewer Available, Sewer Tap Fee Paid, Water Tap Fee Paid
Roof Type Metal
Garage No
Building
Lot Description Acreage, Level, Sloped
Foundation Slab
Structure Type Metal Siding,Wood
Others
Ownership See Tax Information
Acceptable Financing 1031 Exchange, Cash, Conventional, Not Assumable
Listing Terms 1031 Exchange, Cash, Conventional, Not Assumable
Special Listing Condition Aerial Photo
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21032473
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