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GP Theriot IV

gp@gptheriot.com +1(214) 789-5888

$ 800,000

Est. payment | -/mo

4,532 SqFt

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$ 800,000

Est. payment | -/mo

Save Virtual Tour

4,532 SqFt

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 4,532 sqft

Price per Sqft $176

Subdivision East End

MLS Listing ID 20991676

HOA Y/N No

Year Built 1940

Annual Tax Amount $4,208

Lot Size 1.310 Acres

Acres 1.31

Property Sub-Type Office

Property Description

Retail-commercial multi-use investment property with approximately 1.31 acres of developable opportunities. 3 parcels included in this listing. The location is one block from the vibrant, growing, downtown Glen Rose square and across the street from the entrance to the adjacent Heritage Park, both of which are host to regional music festivals, parades, weekly city events and multiple wide area events. The main building is on almost an acre, with room for building expansion and remodeling or additional units. The adjacent empty lot is almost .40 acre. The property is designated B-1 commercial zoning which allows for a wide variety of retail, office and commercial uses. The lots are level and offer ample opportunities for parking. State Hwy 144 is a main corridor between Granbury, Glen Rose, Walnut Springs and Meridian, interconnecting to highways leading to Waco. TXDOT reports over 260,000 monthly vehicle trips supporting almost 400,000 potential customers passing this site on State Hwy 144. Property Condition Statement available. Current rental income is approximately $4,000 a month.

Location

State TX

County Somervell

Zoning B-1 Commercial

Direction From Downtown Glen Rose 4-way stop go south 1 block. Property begins at corner of E. Elm-Austin Rd and Paluxy St. and continues around the bend. E. Elm is also State Hwy 144.

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Carpet, Combination, Linoleum

Inclusions Land & Improvements

Fireplace No

Exterior

Parking Features Additional Parking, Asphalt, Circular Driveway, Common, Drive Through, Guest, Gravel, Kitchen Level, No Garage, On Site, Outside, Oversized, Parking Lot, RV Access/Parking, Shared Driveway, On Street, Unassigned

Utilities Available Cable Available, Electricity Available, Electricity Connected, Sewer Available, Water Available

Water Access Desc Public

Roof Type Composition,Metal

Street Surface Asphalt

Road Frontage City Street, State Road

Garage No

Private Pool No

Building

Lot Description Acreage, Cleared, Corner Lot, Level

Story 2

Foundation Combination

Sewer Public Sewer

Water Public

Others

Tax ID 02761

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://mls.waynestratton.com/300-E-Elm-St/idx

Nearby Locations

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GP Theriot IV

Real Estate Consultant, US Army Veteran (CPT) Lic# 0817775

gp@gptheriot.com

+1(214) 789-5888

5605 North McArthur Blvd, Irving, TX 75038, USA

300 E Elm ST Glen Rose, TX 76043

GP Theriot IV

Key Details

Location

Interior

Exterior

Building

Others

300 E Elm ST