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- Date added: Added 4 years ago
Description
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Description:
Commercial investment properties for sale. Has $8,000.00 month revenue between the two properties. will not separate, will only sell as one.
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This is one of the largest frontage road commercial properties in Kingsland, on the busiest side of town. 519/525 FM 1431 Kingsland Texas 78639. This is a two lot property being sold as one.
At over 9,000 sqft of combined building space, almost 400 feet of frontage road with enough parking lot area to hold dozens of vehicles and room to spare, this is a awesome investment property for anyone looking for a great return on their money. This is a two property sale, and both addresses are tied up in NNN leases. As a buyer you have zero overhead.
Property number one at 519 has single phase and 3 phase power on it for any machinery or tooling you'd want to use. Has 9 shop bay doors with enough room to park a dozen vehicles inside. Has full 2 bedroom 1.5 kitchen and 1.5 bath house inside the main shop. Also has office rooms inside as well. This property was completely remodeled in the last 3 years and expanded from a 1200sqft building to over 7k sqft. Property also has complete concrete parking lot areas and 3 RV hookups for extra income if desired. This property is currently a fabrication/powder coating shop with 6 years NNN lease remaining at $5500.00 a month revenue.
Property number two at 525 has been completely remodeled in the last 2 months from a old gas station building into a beautiful 1800 sqft professional office space. This building is a brand new remodel from floor to ceiling, to power and water. Before and after photo included. This property has a 5 year NNN lease remaining at $2500.00 a month revenue.
Anyone looking for a secure investment this is the absolute best place to do it. Cap Metro of Austin just passed the bill to expand the commuter rail service by 27 miles from Leander. That puts highland lakes area in a direct tie to Austin within 2 years time frame and exploding property values.
Price is $1,200,000.00 OBO
feel free to call or text 325-423-2202