Prime Downtown Mineral Wells Property – Historic 1924 Home with Commercial Potential
Prime location just five blocks from the historic Baker Hotel, which is currently being restored. The Baker can be seen from both the front and rear porches, and downtown Mineral Wells is within walking distance.
Built in 1924, this approximately… Read More 1,832-square-foot property features hardwood floors, high ceilings, a very large attic, huge rear deck, expansive covered front porch, and a large covered area believed to have once served as a carriage cover.
The property was once a duplex and was completely remodeled and converted back into a single building. With four separate entrances, it could easily be converted back to a duplex or adapted for residential or commercial use. It has previously been used as a residence, real estate office, and insurance office. The kitchen was remodeled specifically so it could be removed for an easy commercial conversion.
The possibilities are extensive, including a residence, duplex, Airbnb, boutique, office, restaurant, or other permitted business use. Buyer to verify zoning, permitted uses, parking requirements, and development possibilities with the City.
Electrical and plumbing have been replaced. Central heat and air were replaced within the past 10 years; the outside unit is currently not functioning.
Front parking is available. Additional adjoining and nearby properties are also available, offering potential to expand the property, add parking, or assemble additional acreage.
Historic character, Baker Hotel views, walkability, flexible configuration, four entrances, and surrounding acquisition opportunities make this a rare investment opportunity in downtown Mineral Wells. Read Less
Courtesy of Palo Pinto Mountains Realty, Amy Southern.
Built in 1924, Year Built Details: Preowned, 1 storey, Construction Materials: Rock, Stone, Stucco, WoodSiding
Cooling
CentralAir
Floors
Tile, Wood
Foundation
PillarPostPier
Heating
Central
Lot
0.115 acres
Parking
AttachedCarport, Asphalt
Property
Resale, Leasable area: 1832.0
Roof
Composition
Taxes
Parcel Number: 17769, Annual Amount: $3,191, Tax Block: 17, Legal Description: ACRES: 0.115 HITT BLK 17 LOT 1 --- G#H0800-00, Lot: 1, Zoning description: Has been used as residential and commercial. Buyer to verify use with the city prior to closing.
Tenant Pays
AllUtilities
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