Skip To Content

138 N Main Street

Grand Saline, TX 75140
  • $2,200,000
  • STATUS: Active
  • MLS #: 20130526
$2,200,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

Offered by Jonathan Williams of J. Williams Real Estate Srvcs: One.

Description

EXCELLENT opportunity to own a historic building in downtown Grand Saline including 4 apartments generating $3,950 per month, Rocky's Restaurant and Bar with 5,500 sq ft of leasable space currently rented at $676.68 and the infamous Coca-Cola building with 1,920 total sq ft. Apartments are all currently leased through 5-31-2023 and come furnished. Rocky's restaurant has most of the work completed and needs just a bit more to be fully functional. Large entry with tons of room for table seating and a HUGE bar in back. Owner could easily utilize apartments to live in while operating restaurant or use for rental income. Front 600 sq ft of the Coca-Cola building could easily be used for office space. Rear portion needs some renovation to bring another 1,320 sq ft of usable space to either combine with the front 600 sq ft or kept separate. Grand Saline is located on Hwy 80 about 1 hour from Dallas and Longview and just a short 15 minute drive from Canton's First Monday Trade Days.

Monthly Payment Calculator



© 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 KW Commercial Dallas. 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 KW Commercial Dallas 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 2022-10-06T23:44:11.783.
www.kwcommercial-dallas.com/homes/131519090
Print Image

138 N Main Street Grand Saline, TX 75140

  • Price: $2,200,000
  • Status: Active
  • On Site: Days
  • MLS #: 20130526
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1900
Built
Neighborhood:
Original
County:
Van Zandt
Area:
Grand Saline
Property Description
EXCELLENT opportunity to own a historic building in downtown Grand Saline including 4 apartments generating $3,950 per month, Rocky's Restaurant and Bar with 5,500 sq ft of leasable space currently rented at $676.68 and the infamous Coca-Cola building with 1,920 total sq ft. Apartments are all currently leased through 5-31-2023 and come furnished. Rocky's restaurant has most of the work completed and needs just a bit more to be fully functional. Large entry with tons of room for table seating and a HUGE bar in back. Owner could easily utilize apartments to live in while operating restaurant or use for rental income. Front 600 sq ft of the Coca-Cola building could easily be used for office space. Rear portion needs some renovation to bring another 1,320 sq ft of usable space to either combine with the front 600 sq ft or kept separate. Grand Saline is located on Hwy 80 about 1 hour from Dallas and Longview and just a short 15 minute drive from Canton's First Monday Trade Days.
Exterior Features

Construction BrickPlaster Foundation Pillar/Post/Pier Lot Size Source Assessor Parking Or Garage Alley AccessCommonConcreteOn SiteOn StreetOpenOutsideParking Lot Road Frontage Type City StreetCurbs/GuttersSidewalk Roof FlatOther

Interior Features

Ceiling Height 8 To10 Feet11 To 14 Feet Cooling Central AirElectric Flooring CarpetCeramic TileVinylWood Handicap YN No Heating CentralElectric Kitchen Equipment 972-246-8065 Sq Ft Gross 11620

Property Features

Building Area Source Assessor Building Area Total 11620.00 Building Use Bar/TavernsBuilding ServicesFood ServiceHistorical DistrictOfficeRestaurantRetailStorage Warehouse Construction Status Preowned Gross Annual Expenses 0.00 Gross Annual Income 55512.00 Levels BrickPlasterTexture List MLSProvider Metrotex Association Of Realtors Listing Terms 1031 ExchangeCashConventionalOther Multi Zoning No Municipal Utility District No Net Operation Income 55512 Possession 60-90 DaysLease OutstandingSpecific Date Property Type Retail Tenant Pays All Utilities Transaction Includes Building OnlyFurniture Unexempt Taxes 13472 Utilities AlleyCable AvailableCity SewerCity WaterConcreteCurbsElectricity AvailableSidewalk Will Subdivide No Zoning Commercial (No Ordinances Against Living in Downtown Buildings)

North Texas Real Estate Information Systems MLS logo Listing information © 2022 North Texas Real Estate Information System.


© 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 KW Commercial Dallas. 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 KW Commercial Dallas 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 2022-10-06T23:44:11.783.
 
https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_1_20130526-2.jpg https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_1_20130526-2.jpg https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_1_20130526-2.jpg
Logo
KW Commercial Dallas
18333 Preston Rd, Suite 100
Dallas TX, 75252
Offered by Jonathan Williams of J. Williams Real Estate Srvcs: One.