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    101 S. Main Street

    Quitman, TX 75783
    • $275,000
    • STATUS: Active
    • ON SITE: 7 days
    • MLS #: 14432999
    UPDATED: 28 min ago
    $275,000
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1999
    County:
    Area:

    School Ratings & Info

    Offered by Shannon Humphrey of Exit Realty Pro.

    Description

    COMMERCIAL INVESTMENT PROPERTY - INCOME PRODUCING - PRIME LOCATION3200 sq. ft of office space on the square across from the Courthouse. Office fronts both Main & Goode. This office features a large lobby area, kitchen, 2 bathrooms & several office spaces, conference room & storage area. Currently has 2 leases on the property and being used for law office. Both leases have about 2 years remaining and bring in $2500.00 per month rent and the tenant also pays all utilities and taxes. Possibilities to utilize office space and keep the incoming producing side, contact listing agent for more details. Most of the furniture will remain except any items owned by the tenants themselves along with any personal property.

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    © 2020 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Chad Smith Team. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than The Chad Smith Team are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-09-20T21:39:27.593.
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    101 S. Main Street Quitman, TX 75783

    • Price: $275,000
    • Status: Active
    • Updated: 28 min ago
    • MLS #: 14432999
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    1999
    Built
    Neighborhood:
    Quitman Townsites
    County:
    Wood
    Area:
    Wood County
    Property Description
    COMMERCIAL INVESTMENT PROPERTY - INCOME PRODUCING - PRIME LOCATION3200 sq. ft of office space on the square across from the Courthouse. Office fronts both Main & Goode. This office features a large lobby area, kitchen, 2 bathrooms & several office spaces, conference room & storage area. Currently has 2 leases on the property and being used for law office. Both leases have about 2 years remaining and bring in $2500.00 per month rent and the tenant also pays all utilities and taxes. Possibilities to utilize office space and keep the incoming producing side, contact listing agent for more details. Most of the furniture will remain except any items owned by the tenants themselves along with any personal property.
    Exterior Features

    Construction Brick Construction Materials Walls Brick Foundation Slab Parking Or Garage FrontOn StreetOpenRearSide Road Frontage Type City Roof Metal Waterfront YN No

    Interior Features

    Ceiling Height 8 To10 Feet Commercial Features Computer ReadyTelephone Flooring Luxury Vinyl Plank Heating Central Air-ElecCentral Heat-Elec Sq Ft Building 3200 Sq Ft Gross 3200 Sq Ft Leasable 3200

    Property Features

    Alarm Or Security Type Fire/Smoke Average Monthly Lease 2500 Building Area Source Tax Building Use Office Commercial Zoning Commerc Construction Status Preowned Gross Annual Expenses 0 Gross Annual Income 30000 Inclusions Furniture Leasable Spaces 2 Leased Spaces 2 Lot Size Source Tax Max Lease Rate 0.78 Min Lease Rate 0.78 Multi Zoning No Municipal Utility District No Net Annual Income 30000 Owner Pays Insurance Possession Lease Outstanding Property Type Com-Sale/Leaseback (Both) Proposed Financing CashConventional Special Notes Aerial Photo Tenant Pays All Utilities Unexempt Taxes 4600 Utilities City SewerCity WaterIndividual Water Meter Will Subdivide No

    Listing information © 2020 North Texas Real Estate Information System.


    © 2020 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Chad Smith Team. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than The Chad Smith Team are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-09-20T21:39:27.593.
     
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    The Chad Smith Team
    1301 S Bowen Road Suite 125
    Arlington TX, 76013
    Offered by Shannon Humphrey of Exit Realty Pro.