
Description
Highly visible, high traffic count, level triangular corner lot in Palestine, TX. Property is 1.66 acres, located within city limits at 2601 State Highway 155, Palestine, TX 75801, just 1 mile northof Loop 256 and about 12 miles south of Frankston, TX. Presently there are 2 buildings on the property. One is a vacant residentialhome as a rental income property potentially bringing in about $500per MO. The other was a Bar-B-Q restaurant, renting for $400 per MO.There is also a fruit and vegetable stand on the corner, leasing space for $100 perMO. Property has potential to operate 1, 2 or 3commercial concerns. Must see for all potential.
-
0BEDS
-
1.66ACRES
-
0BATHS
-
01/2 BATHS
-
1,648SQFT
-
$152$/SQFT
School Ratings & Info
Description
Highly visible, high traffic count, level triangular corner lot in Palestine, TX. Property is 1.66 acres, located within city limits at 2601 State Highway 155, Palestine, TX 75801, just 1 mile northof Loop 256 and about 12 miles south of Frankston, TX. Presently there are 2 buildings on the property. One is a vacant residentialhome as a rental income property potentially bringing in about $500per MO. The other was a Bar-B-Q restaurant, renting for $400 per MO.There is also a fruit and vegetable stand on the corner, leasing space for $100 perMO. Property has potential to operate 1, 2 or 3commercial concerns. Must see for all potential.
© 2022 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or VIVO Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than VIVO Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-05-25T23:40:14.893.