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In-PersonVirtual Tour
$ 470,000
Est. payment | /mo
0.6 Acres Lot
$ 470,000
Est. payment | /mo
0.6 Acres Lot
Key Details
Property Type Commercial
Sub Type Building
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26007940
Construction Status Pre-owned
Annual Tax Amount $6,576
Tax Year 2025
Lot Size 0.600 Acres
Acres 0.6
Property Sub-Type Building
Source Greater Tyler Association of REALTORS
Property Description
**For Sale: Versatile Commercial/Residential Double Lot in Palestine, Texas** This property currently has a 10 year lease with the State with a 2% flat increase rate per year. Please contact your preferred agent to discuss CAP Rate. Discover a unique opportunity to own a double lot property strategically located just two blocks from the historic district of Palestine, Texas. **Key Features:** **Zoning:** Commercial/Residential - **Size:** 0.6499 ACRES **Offices** 6 **Break Room** **Don't miss out on this rare opportunity!** **Solar Panels are paid in full** Contact your preferred Realtor to schedule a showing. ( 72 HOURS NOTICE REQUIRED FOR ALL SHOWINGS )
Location
State TX
County Anderson
Interior
Furnishings Pre-owned
Exterior
Parking Features Additional Parking
Utilities Available Natural Gas Not Available
Road Frontage City Street
Building
Lot Description Major Arteries
Water Water Onsite
Construction Status Pre-owned
Others
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Listed by Dawn Frazier Quality Choice Solutions, LLC
Nearby Locations
Top 1% Real Estate Team in Texas
Over $2 Billion in Total Sales