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$120,000

Est. payment - /mo

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6,799 Sqft Lot

Active

504-A 5TH AVENUE Street Coleman, TX 76834

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Tracy Spradlin

spradlintd@aol.com +1(903) 748-2477

UPDATED:

09/21/2024 06:38 PM

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Subdivision Newsom

MLS Listing ID 20207249

Total Fin. Sqft 672

Lot Size 6,799 Sqft

Acres 0.1561

Property Description

Great investment with 10% cap rate, a charming one-of-a-kind place. The Wrangler suite features a king-sized gel top mattress, while the Longhorn suite has 2 queen size beds. Both of the suites have charming Texas rustic touches including tin ceilings that were removed from an old milk barn. A pair of club chairs, local western art, custom made furniture by local artist that round out the look. The kitchenettes have mini refrigerator freezer, microwave, full size coffee maker. There is Wi-Fi and Direct TV on a 45 inch screen with mini split heating and air. The suites are private with a central wall that is triple insulated and sound proofed on both sides. Located just 6 blocks from down town they are close to all Coleman has to offer. Make this Air BNB your new business adventure! With all the new projects going on Start yours Now!!
Contact the listing agent for your appointment or with any other questions you have!
Metal roof put on in July of 2024, metal siding August 2024!

Location

State TX

County Coleman

Zoning F1

Direction GOING WEST ON WALNUT STREET TURN LEFT ONTO 5TH AVE. PROPERTY SITS ON THE RIGHT SIDE OF THE STREET.

Interior

Heating Heat Pump, Natural Gas

Cooling Heat Pump, Multi Units

Flooring Laminate

Heat Source Heat Pump, Natural Gas

Exterior

Utilities Available Asphalt, City Sewer, City Water

Roof Type Metal

Parking Type Asphalt, Common, Lighted, No Garage

Garage No

Building

Lot Description Interior Lot, Undivided

Foundation Pillar/Post/Pier

Structure Type Siding,Wood

Others

Ownership WVT INVESTMENT TRUST

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Gaylene Garrison • Randle Realty

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Tracy Spradlin

+1(903) 748-2477

Broker | License ID: 493069

Broker License ID: 493069

Tracy Spradlin

504-A 5TH AVENUE Street Coleman, TX 76834

Tracy Spradlin

Key Details

Location

Interior

Exterior

Building

Others

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504-A 5TH AVENUE Street