$179,900
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430 S Seven Points Drive Kemp, TX 75143
6,104 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 6,104 sqft
Price per Sqft $29
Subdivision Muckleroy
MLS Listing ID 14184104
Sold Date 02/25/21
Total Fin. Sqft 6104
Year Built 1987
Annual Tax Amount $3,649
Lot Size 0.810 Acres
Acres 0.81
Property Description
An income producing commercial space in a growing area W great visibility. Long term tenant W great cash flow. Currently has a positive cash flow with 3 of 4 spaces leased & doubling the income W the fourth space leased. Close proximity to Cedar Creek Lake in Seven Points on highly visible street of Seven Points Blvd-TX 274. Surrounding cities are Krum, Gun Barrel, Malakoff, & Trinidad. Brick building W 9-10 ft. high tile ceiling & metal roof W plenty of parking. Total of 4 spaces, 3 units are already leased & 4th unit W 2600 sq. ft. currently available for lease for $1000 per month. Total potential gross income is $36000 annually W expenses of $9000 resulting in Potential net income of $25,000 annually.
Location
State TX
County Henderson
Zoning Com
Direction Head South on 175, Turn Right on 274, Past W Cedar Creek Parkway, property will be on the left on Seven Points.
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Carpet, Concrete, Vinyl
Heat Source Central, Electric
Exterior
Utilities Available Asphalt, City Sewer, Co-op Water, Master Water Meter
Roof Type Tar/Gravel
Street Surface Asphalt
Parking Type Common, Garage Faces Front, Open
Garage No
Building
Lot Description Level
Foundation Slab
Structure Type Brick
Others
Ownership Owner of Record
Financing Cash
Read Less
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Bought with Ali Saatsaz • Keller Williams Frisco Stars