Located on State Highway 6. High traffic location would be advantageous for a variety of businesses: warehouse, auto shop, storage, food service to name a few. Building has a large shop that was previously used as an auto shop, welding shop, storage and most recently for antique storage and sales. Front of building could be used for living space, retail or restaurant. Previous owner lived on site. Building could used for multiple ventures at the same time, offering owner opportunity to lease a portion of the building for added income. Located adjacent to a large regional feed mill that brings in many customers on a weekly basis.
Endless possibilities! Don't miss your chance to own a piece of historic downtown Gorman. A full restaurant and kitchen on ground level, bar and event center on the 2nds floor as well as 3 rooms that could easily be converted to a living space. All equipment and furniture conveys! Rooms upstairs could be used as Airbnb for additional income. All equipment is in good working order and fully functioning. Easy access to Highway 6 and 30 min from Stephenville.
The median home value in Gorman, TX is $117,800. This is lower than the county median home value of $123,000. The national median home value is $338,100. The average price of homes sold in Gorman, TX is $117,800. Approximately 40.89% of Gorman homes are owned, compared to 36.11% rented, while 23.01% are vacant. Gorman real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Gorman real estate agent to arrange a tour today!
Gorman, Texas has a population of 1,388. Gorman is more family-centric than the surrounding county with 41.01% of the households containing married families with children. The county average for households married with children is 26.12%.
The median household income in Gorman, Texas is $22,880. The median household income for the surrounding county is $43,953 compared to the national median of $69,021. The median age of people living in Gorman is 34.3 years.
The average high temperature in July is 93.8 degrees, with an average low temperature in January of 30.5 degrees. The average rainfall is approximately 31.9 inches per year, with 1.7 inches of snow per year.