$575,000
For Sale

321 E Fm 120

Pottsboro, TX 75076
2800 sqft | 0.41 acres | #20793686
Type:Purchase
Structure:Retail
Zone:Commercial

Description

Discover an exceptional investment opportunity with this versatile 3-unit commercial property located on the bustling main road of Pottsboro, Texas. Ideally situated on a .413 acre lot, this property offers high visibility and accessibility in an area poised for significant growth. With Lake Texoma just minutes away and major developments such as the upcoming Hard Rock and Margaritaville resorts, this location is positioned to benefit from increasing local and tourist traffic.
Property Overview
Built in 2000, this solid metal building offers durability and functionality, perfectly suited for a variety of commercial uses. The structure sits on a concrete slab and features a covered front porch, adding both curb appeal and convenience for patrons.
Current Configuration
• Unit 1 & Unit 2: These two units are currently leased to a well-established restaurant, offering an attractive opportunity for a buyer interested in continuing operations or reconfiguring for other uses. While the restaurant’s equipment and furnishings are not included in the list price, they are negotiable, opening possibilities for seamless transition or expansion.
• Unit 3: The third unit is leased to an insurance company, providing steady rental income and diversification within the property.
Versatility and Income Potential
The flexible layout of this property makes it ideal for investors, owner-operators, or entrepreneurs seeking a high-traffic location for their business. Whether you choose to retain the current tenants, repurpose the space for retail, offices, or a new restaurant concept, this property offers unlimited potential.

  • Property Details
      • Utility FeaturesCity Sewer, City Water, Natural Gas Available
      • SubdivisionPotts Texoma Add
      • Lot DescriptionCorner Lot
      • Property TypePurchase
      • MLS #20793686
      • MLS #20793686
      • Square Feet2800.00
      • CountyGrayson
      • Acres0.4130
      • Cost575000
      • Property SubtypeRetail
      • Year Built2000
      • FoundationSlab
      • Stories1

Location

Anthony L. BrownJPAR Real Estate
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
$0.00

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