1907 W Oak Street Palestine, TX 75801
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision Joseph Jordan League
MLS Listing ID 20915906
Total Fin. Sqft 1710
Year Built 1950
Annual Tax Amount $5,702
Lot Size 0.410 Acres
Acres 0.41
Property Sub-Type Business
Property Description
This property is an ideal investment for entrepreneurs or investors seeking a proven income-producing asset.
The property offers a rare opportunity for either owner-occupancy or use as a rental income generator. The front of the building features a warm and inviting atmosphere, with a spacious dining area perfect for guests to relax and enjoy.
The fully-equipped commercial kitchen includes stainless steel appliances, ample prep space, ice machine, and storage — ready for immediate use. Whether you want to expand within the restaurant industry, convert it into an event venue, retail shop, or explore other hospitality concepts, this property is full of potential.
With its prime location, and turnkey setup, the opportunity is yours!
Location
State TX
County Anderson
Zoning Commercial
Direction From Downtown Palestine, TX: Head west on W Oak Street from the downtown area. Continue straight on W Oak Street for about 2 miles. 1907 W Oak St will be on your left, just past the intersection with Loop 256.
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Vinyl
Heat Source Central, Electric
Exterior
Utilities Available City Sewer, City Water
Roof Type Shingle
Garage No
Building
Lot Description Cleared, Level
Foundation Slab
Structure Type Block,Concrete
Others
Ownership Of record
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Aerial Photo
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20915906
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