2601 State Highway 155

Palestine, TX 75803
$250,000

Description

Highly visible, high traffic count, level triangular corner lot in Palestine, TX. Property is 1.66 acres, located within city limits at 2601 State Highway 155, Palestine, TX 75801, just 1 mile northof Loop 256 and about 12 miles south of Frankston, TX. Presently there are 2 buildings on the property. One is a vacant residentialhome as a rental income property potentially bringing in about $500per MO. The other was a Bar-B-Q restaurant, renting for $400 per MO.There is also a fruit and vegetable stand on the corner, leasing space for $100 perMO. Property has potential to operate 1, 2 or 3commercial concerns. Must see for all potential.

  • Property Details
    • Property
      • Stories:1
      • Lot description:Level
    • Measurements
      • Acres:1.6600
      • Square Feet:1648.00
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:1988
    • Material information
      • Foundation:Other, Pillar/Post/Pier
  • Utilities / Energy Details
    • Utility
      • Utility features:City Sewer, City Water
  • Community and Neighborhood Details
    • Location
      • County:Anderson
    • Community
      • Subdivision:Norwood Heights City
  • Financial Details
    • Pricing Details
      • Selling Office Commission:3
  • Other
    • Source
      • MLS #:14538526

Location

Tish FerryReal Estate Group
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  • Schedule Showing

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