• Price$685,000
  • Acres4.70
  • Built1996

3978 N Us Highway 287, Alvord

Income-producing commercial 4+ acres with highway frontage about 6 miles from downtown Decatur! Property has 4 buildings including a 2-bedroom, 2-bath house, a shop that was used for antique sales, and also 2 wells and 3 septic systems. One building is divided into 3 apartments. Another building was used as a church and is now leased to a distributor for manufacturing. Create an antique or flea market right on 287! Convert all units to rent as lodging or retail! Run a business with lodging for an employee onsite. Perfect for retirement: live in an apartment and rent the other units, or park your RV here and travel with great net income! Property also receives income from the ground lease of the billboard.

Essential Information

  • MLS® #13923350
  • Price$685,000
  • Bathrooms0.00
  • Acres4.70
  • Year Built1996
  • TypeCommercial
  • Sub-TypeSale
  • StatusActive

Amenities

  • UtilitiesAsphalt, Outside City Limits, Septic, Well
  • FeaturesMulti-User
  • GaragesCommon Lot

Exterior

  • RoofComposition, Metal
  • ConstructionBrick, Metal
  • FoundationSlab

Listing Details

  • Listing Agent:Laura Blackburn
  • Listing Office:Parker Properties

Community Information

  • Address3978 N Us Highway 287
  • AreaWISE COUNTY (72)
  • SubdivisionForeman Add
  • CityAlvord
  • CountyWise
  • StateTX
  • Zip Code76225-7953

Interior

  • HeatingCentral Air-Elec, Central Heat-Elec
  • # of Stories1
  • Stories1

Additional Information

  • ZoningCommerc
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Listing information last updated on August 24th, 2019 at 9:30pm CDT.