55 Heritage Rd, Gordonville, TX 76245

$1,500,000

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List Price
$1,500,000
MLS#
21311961
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1985
Construction Status
Preowned
Acres
8.10
County
Grayson
City
Gordonville

Property Description

Exceptional multi-use commercial property offering endless possibilities just outside the city limits with no zoning restrictions! Situated on 8 acres with over 870 feet of Highway 377 frontage, this impressive approximately 4,000-square-foot stone building is ideally positioned for a wide variety of commercial, investment, or live-work opportunities. The property features 2 different types of spaces under one roof. The office portion offers three private offices, a spacious conference room, two bathrooms, flex space and a large garage for storage. The income producing residential portion offers 2 bedrooms, 1 bathroom, full kitchen, and multiple flexible workspaces. This arrangement makes it ideal for an owner-occupant, on-site manager, rental income, or employee housing. Outside, you’ll find two stocked ponds, fenced yard, two water wells for irrigation, co-op water, and plenty of room for expansion or additional business operations. The building offers spray foam insulation along the roofline for energy efficiency, a security system with cameras, and a new roof has recently been installed, providing added value and peace of mind. Conveniently located just minutes from Lake Texoma, area marinas, casinos, and wineries, this highly visible property offers exceptional accessibility and outstanding potential for professional offices, medical, event venue, retail, contractor headquarters, hospitality, mixed-use development, or countless other business ventures. With premium highway frontage, acreage, and no city zoning restrictions, opportunities like this are truly hard to find.

Additional Information

Unexempt Taxes
$10,849
Tenant Pays
AllUtilities, Other
Lot Size
352,792
Acres
8.10
Lot Description
Back Yard, Cleared, Corner Lot, Lawn, Landscaped, Pond(s), Trees, Few Trees
Flooring
Concrete
Foundation
Slab
Roof
Composition
Building Stories
1
Parking Garage
Attached, Covered, Driveway
Possession
CloseOfEscrow
Proposed Use
Office
Inclusions
Land & Improvements

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Calculator source: Real Geeks

Listing courtesy of Laura Bradley from Southernlifeliving.com. Contact: 940-390-3911