9990 Mineral Wells Highway, Weatherford, Texas, 76088

Listed by EQUISTAR PROPERTIES, ROBERT PETERSEN, (940) 391-7484
$350,000
3,800 Sqft
1.19 Acres
#21409138
High visibility on the Mineral Wells Hwy corrider between Weatherford and Mineral Wells known as Cool Tx. Value -add invester opportunity in Weatherford-Cool! This 1.118 acre prtoperty on high-traffic Mineral Wells Hwy (US180) features a 35 unit storage facility, a large 1800 Sq Ft commercial workshop, and a 600 sq ft 1bed 1 bath fixer upper home. Due strictly to past property managment challenges, the storage facility is heavily under rented ( only 4 units currently occupied), offering an incredible turnaround play. Storage infrastructure includes 31 (10x10) units at market rent of $85.00-mo and 4 (5x5) units at $55.00-mo, projecting a baselinestorages gross income of $2,855-mo ( $34,260-yr.) at full occupancy. The large, 1800 sq.ft workshop is perfectfor a contractor, mechanic, or owner operator, or leased out for additional income. The 1.188 acres offers execellent highway visibility, prominent signage potential, and ample open land( with 4 ingress-egress options) to expand into lucrative boat-rv parking. Bring your management skills to unlock this multi-stream income property.

PROPERTY FEATURES

  • 35 Unit(s)
  • Business Type: Residential,Storage,Warehouse
  • Utilities : All Weather Road,Asphalt,Co-op Electric,Co-op Water,Private Sewer,Septic
  • Parking Features: Asphalt,Electric Gate,Storage
  • Lot Features : Composition,Metal
  • Road Frontage Type : Highway
  • Building Use : Office,Storage Warehouse,Other
  • Construction Materials: Metal Siding,Wood
  • Construction Materials Walls : Metal,Other
  • Foundation Details: Slab
  • Flooring : Concrete
  • Ceiling Height : 11 to 14 Feet
  • Green Verification Count : 0
  • Zoning Description : not zoned
PROPERTY DETAILS
ID: 21409138
Status: Active
Price: $350,000
Acres: 1.19 Acres
Price Per Acre: $294,613
Type: Commercial
Address: 9990 Mineral Wells Highway
City, State: Weatherford, Texas
County: Parker
Zip Code: 76088
Lat/Long: 32.799124, -97.991565
Presented By: ROBERT PETERSEN
Phone: (940) 391-7484
Email: Click to Contact