Located at 1500 S Oak Ave, in Mineral Wells, this versatile commercial property features two separate units under one roof, offering an excellent opportunity for investors or owner-operators. The building includes two independent entrances, allowing each space to operate separately. Both units are equipped with their own restroom and… Read More kitchenette, making them ideal for small retail, office, service businesses, or studio use. One side of the property is currently leased to a long-term tenant, providing immediate income. The second unit has been recently remodeled and is move-in ready, giving a new owner the flexibility to lease it for additional cash flow or occupy the space. The layout makes this property ideal for dual tenants, live-work concepts, professional services, or small retail operations. Property Highlights * Two commercial units under one roof * Separate entrances for each unit * Each unit includes bathroom and kitchenette * One long-term tenant in place * Second unit remodeled and ready for lease * Flexible commercial use potential Located on busy 281 street in Mineral Wells, TX with approximately 5,000 vehicles per day in traffic exposure Perfect for investors seeking stable income with upside potential or an owner-operator who wants to occupy one side while collecting rent from the other. Do not disturb tenants ! showing by appointment only. Read Less
Courtesy of Independent Realty, Naor Biringer.
Listing Snapshot
Days Online
0
Last Updated
Property Type
Retail
Square Ft.
2,200
Lot Size
0.22 Acres
Year Built
1964
MLS Number
21203405
Additional Details
Building
Built in 1964, Construction materials: SteelSiding, 1 total story, Toal building area: 2200
Cooling
CentralAir
Floors
Concrete
Heating
Central
Income
Gross income: $27,600, Net operating income: $22,500
Lot
0.22 acres, 9,583 sqft, Leasable area: 2200
Parking
AdditionalParking, Asphalt
Roof
Flat
Sewer
PublicSewer
Tenant Pays
AllUtilities
Utilities
SewerAvailable, WaterAvailable
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