1920 S 3rd St, Mabank, TX 75147
- $1,399,999
- List Price
- $1,399,999
- MLS#
- 21309451
- Status
- ACTIVE
- Type
- Commercial
- Subtype
- CommercialSale
- Year Built
- 1999
- Acres
- 2.93
- County
- Henderson
- City
- Mabank
- Subdivision
- none
Property Description
Cedar Creek Lake Area Office, Warehouse & Storage Investment Opportunity! Excellent commercial opportunity in a high-traffic location on Hwy 198 in Mabank, just minutes from the heart of the Cedar Creek Lake area. Ideally positioned approximately one hour from downtown Dallas and one hour from Tyler, this property offers strong regional accessibility, excellent visibility, and multiple income streams. Situated on 2.93 acres, the property includes approximately 5,000 total square feet of building space, featuring 2,500 square feet of finished office space with 14 private offices, a conference room, kitchen break area, two bathrooms, copier workroom, and interior exterior security video cameras. The office portion alone currently generates close to $80,000 in annual rental income, creating strong immediate investment appeal. The additional 2,500 square feet of warehouse space includes two high bay overhead doors and extra storage above the office area. The property also offers approximately 3,750 square feet of covered parking and 16 total office parking spaces, including 12 covered and 4 uncovered spaces. The back portion of the property is currently used for uncovered RV, boat, and trailer storage, secured by perimeter high fencing. The buyer would inherit the existing storage business, adding another layer of income potential. Additional revenue is generated from four billboards along the front of the property, maximizing the value of this highly visible Hwy 198 frontage. A front sign location with electrical is also in place, providing added branding potential for future business use. With strong traffic exposure, close proximity to Cedar Creek Lake, current office rental income, an existing storage business, billboard revenue, flexible office warehouse space, and on-site signage potential, this property offers outstanding potential for an owner-user, investor, or business looking to expand in the East Texas market.
Additional Information
- Unexempt Taxes
- $15,792
- Tenant Pays
- Management
- Lot Size
- 127,630
- Lot Description
- Backs To Greenbelt Park, Landscaped, Sprinkler System-Yard
- Flooring
- Concrete, Vinyl
- Foundation
- Slab
- Roof
- Metal
- Building Stories
- 1
- Parking Garage
- Attached, Additional Parking, Paved, Garage, Inside Entrance, Kitchen Level, Parking Lot, Garage Faces Side, Other
- Business Name
- TXLL Storage
- Proposed Use
- Office, Other, Warehouse
- Inclusions
- Building Only, Business, Furniture, Land & Improvements
- Possession
- CloseOfEscrow, Negotiable
- Community Features
- Curbs
Mortgage Calculator
Listing courtesy of Courtney Dickens Johnson from TX Lake & Land Real Estate. Contact: 903-802-7080