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.
- MLS® #13923350
- Year Built1996
- UtilitiesAsphalt, Outside City Limits, Septic, Well
- GaragesCommon Lot
- RoofComposition, Metal
- ConstructionBrick, Metal
- Listing Agent:Laura Blackburn
- Listing Office:Parker Properties
- Address3978 N Us Highway 287
- AreaWISE COUNTY (72)
- SubdivisionForeman Add
- Zip Code76225-7953
- HeatingCentral Air-Elec, Central Heat-Elec
- # of Stories1
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Listing information last updated on June 16th, 2019 at 1:45am CDT.