205 N Wheeler Street, Colmesneil, TX 75938

$399,000
5
BA
8,036
SqFt

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List Price
$399,000
Status
ACTIVE
MLS#
70015773
Subtype
Commercial Sale
Year Built
2000
Bathrooms
5
Living Area
8,036
Lot Size
84,942
Acres
1.95
Subdivision
N/A
MLS Area Major
Tyler

Property Description

Live upstairs, build your business below, or unlock multiple income opportunities at The Lodge! This renovated 8,000sq-ft mixed-use property sits on 1.95 +/-acres with prime Highway 69 frontage in Colmesneil, TX completely unrestricted. The 4,000sq-ft lower level offers approx. 10 private offices, conference rooms, a kitchen & separate entrances for potential division into two suites. Upstairs, a separate 4,000-sq-ft residence features 3 oversized bedrooms, each with a private bath, a spacious kitchen, expansive living area and elevated veranda. Ideal for owner occupancy, long-term rental or potential short-term/executive lodging. Existing fiber and billboard leases generate a generous yearly income. Nearly an acre of asphalt parking offers room to explore additional income producing uses. Updated HVAC, flooring and interiors complement distinctive lodge finishes and a double sided fireplace. Operate, occupy, lease or combine all three!

Additional Information

Heating
Electric
Air Conditioning
Central Air
Stories
2
Roof
Metal

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Calculator source: Real Geeks

Listing courtesy of Ashley Jackson-Whitworth with Martindale Real Estate Investments