$445,000
0.84± Acres
Active
Limestone County, TX

1309 E Milam Street, Mexia, Texas

MLS ID: 21430821
Status: Active
Price: $445,000
Acres: 0.84±
Type: Business, Commercial
Address: 1309 E Milam Street
City, State: Mexia, TX
County: Limestone County
ZIP Code: 76667
Parcel Number: R14478
SqFt: 2,400
Year Built: 2009

Description

PRIME HWY 84 COMMERCIAL PROPERTY – MEXIA, TEXAS! Excellent Location, High Visibility & Multiple Income Opportunities! Discover an outstanding commercial investment opportunity along highly traveled Highway 84 (Milam Street) in Mexia, Texas! Situated on approximately 0.84 acres, this versatile 2,400-square-foot metal building with an attractive stone façade offers endless possibilities for a retail store, restaurant, professional offices, salon, trade business, entertainment venue, or other commercial venture. Conveniently located near Walmart, Best Western, major retailers, and restaurants, this property benefits from excellent highway exposure and easy accessibility. According to the Mexia Economic Development Corporation, the area serves a retail trade population of approximately 52,000, providing access to a substantial customer base. The planned TxDOT expansion of Highway 84 from two lanes to five lanes, including a dedicated center turn lane, is expected to further improve traffic flow and accessibility along this commercial corridor. The building offers numerous desirable features, including spray foam insulation, a metal roof, painted concrete floors, a kitchen area with basic fixtures, private office space, ADA restrooms, and a spacious rear inventory or storage area with high ceilings. Outside, a large fenced backyard provides additional storage or operational space, while the rock parking lot accommodates approximately 20 or more vehicles. An added investment advantage is the potential for multiple income streams! The property includes a seasonal snow cone stand, a year-round taco stand, and billboard advertising income that conveys with the sale. If you are looking to establish or expand your business or an investor seeking a strategically located commercial property with additional revenue opportunities, take advantage of Mexia's commercial growth and secure your place along one of the city's major highways! Call today to schedule your private showing!

Directions: from Mexia travel East on Hwy 84 towards Teague property is on North side of Hwy 84 signage on property

Additional Information

Interior

Building Area Total: 2,400
Cooling (Yes/no): Yes
Cooling: Central Air
Flooring: Concrete
Heating (Yes/no): Yes
Heating: Central

Exterior

Foundation Details: Slab
Inclusions: Land & Improvements
Lot Size Area: 1
Lot Size Source: Public Records
Lot Size Square Feet: 36,590
Lot Size Units: Acres
Parking Features: Additional Parking, Circular Driveway, Common, Concrete, Driveway, Gravel, No Garage, On Site, Oversized, Parking Lot
Road Frontage Type: Highway
Roof: Metal
Water Source: Public

Financial/HOA/Schools

Tax Annual Amount: 5847
Zoning Description: FI
Matt Milligan

Matt Milligan

Weatherford, Texas

(817) 694-1121

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Listed By: Mitzi Eves of Coldwell Banker Apex, Realtors