Listing Courtesy of: Jo Lynn Miller - Lake Homes Realty, Llc
$575,000
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309 N Fm 2353 Possum Kingdom Lake, TX 76449
Office
Residence
Beds
Baths
5,204
Sq. Ft.
0.78
Acre
Lot
Property Activity
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days
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INVESTORS! Fantastic multi-use commercial property in the heart of PK's East side commercial business district, close to restaurants, the Chamber of Commerce, PK Airport and other businesses. This high return investment property offers 4 separate business units, a large residential apartment, 3 RV s...paces and a large garage-shop. Each space is occupied and under lease. Additionally, there is lease income from an overhead billboard and extra storage building for personal use or supplementary income. The billboard lease agreement is renewed for several years. Current owners have done many repairs and upgrades to the building over the past 3 years, and also added a drive to provide access from Airport Rd to the RV spaces and apartment. This property provides steady rental income, and with one adjacent acre also for sale (behind Brazos Title building), it is a great opportunity for future growth. The land is available in a separate listing or the two properties can be purchased together.
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MLS#
20479603
Property Type
Office
Year Built
1980
Square Feet
5,204
sq. ft
Lot Size
0.78
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