9990 Mineral Wells Highway, Weatherford, TX 76088
- $350,000
- List Price
- $350,000
- MLS#
- 21409138
- Status
- ACTIVE
- Type
- Commercial
- Subtype
- CommercialSale
- Year Built
- 2014
- Construction Status
- Preowned
- Acres
- 1.19
- County
- Parker
- City
- Weatherford
- Subdivision
- none
Property Description
High visibility on the Mineral Wells Hwy corrider between Weatherford and Mineral Wells known as Cool Tx. Value -add invester opportunity in Weatherford-Cool! This 1.118 acre prtoperty on high-traffic Mineral Wells Hwy (US180) features a 35 unit storage facility, a large 1800 Sq Ft commercial workshop, and a 600 sq ft 1bed 1 bath fixer upper home. Due strictly to past property managment challenges, the storage facility is heavily under rented ( only 4 units currently occupied), offering an incredible turnaround play. Storage infrastructure includes 31 (10x10) units at market rent of $85.00-mo and 4 (5x5) units at $55.00-mo, projecting a baselinestorages gross income of $2,855-mo ( $34,260-yr.) at full occupancy. The large, 1800 sq.ft workshop is perfectfor a contractor, mechanic, or owner operator, or leased out for additional income. The 1.188 acres offers execellent highway visibility, prominent signage potential, and ample open land( with 4 ingress-egress options) to expand into lucrative boat-rv parking. Bring your management skills to unlock this multi-stream income property.
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Additional Information
- Tenant Pays
- None
- Lot Size
- 51,749
- Acres
- 1.19
- Flooring
- Concrete
- Foundation
- Slab
- Roof
- Composition, Metal
- Building Stories
- 1
- Parking Garage
- Asphalt, Electric Gate, Storage
- Possession
- CloseOfEscrow
- Proposed Use
- Office, Other, Storage
- Inclusions
- Land & Improvements
Mortgage Calculator
Listing courtesy of ROBERT PETERSEN from EQUISTAR PROPERTIES. Contact: (940) 391-7899
Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
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