1500 S Oak Ave, Mineral Wells, TX 76067

$250,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$250,000
MLS#
21348184
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1964
Construction Status
Preowned
Acres
0.44
County
Palo Pinto
City
Mineral Wells
Subdivision
G#L0500 01 00260 010 00 0

Property Description

Located at 1500 S Oak Ave, in Mineral Wells, this versatile commercial property features two separate units under one roof, offering an excellent opportunity for investors or owner-operators. The building includes two independent entrances, allowing each space to operate separately. Both units are equipped with their own restroom and kitchenette, making them ideal for small retail, office, service businesses, or studio use. One side of the property is currently leased to a long-term tenant, providing immediate income. The second unit has been recently remodeled and is move-in ready, giving a new owner the flexibility to lease it for additional cash flow or occupy the space. The layout makes this property ideal for dual tenants, live-work concepts, professional services, or small retail operations. Property Highlights: * Two commercial units under one roof * Separate entrances for each unit * Each unit includes bathroom and kitchenette * One long-term tenant in place * Second unit remodeled and ready for lease * Flexible commercial use potential Located on busy 281 street in Mineral Wells, TX with approximately 5,000 vehicles per day in traffic exposure Perfect for investors seeking stable income with upside potential or an owner-operator who wants to occupy one side while collecting rent from the other. Do not disturb tenants ! showing by appointment only.

Additional Information

Tenant Pays
AllUtilities
Lot Size
19,209
Acres
0.44
Flooring
Concrete
Foundation
Slab
Roof
Asphalt
Building Stories
1
Parking Garage
Additional Parking
Possession
CloseOfEscrow
Proposed Use
Food Service, Retail
Inclusions
Building Only

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Naor Biringer from Independent Realty. Contact: 214-551-6282