Listing ID14473106
Sold ForN/A
StatusClosed
Sold Date2/26/2021
SqFt
4,750
Acres
0.585
CountyGrayson
SubdivisionDIVISIONS VAN ALSTYNE
Year Built1915
Property TypeCommercial
Property Sub TypeMixed Use
Listing Agent
Randy Pettit
Title:
REALTOR®
Email: Contact This REALTOR®
Address:
287 N. Dallas St
City:
Van Alstyne
State/Province:
TX
Zipcode:
75495
Cell Phone: 214-437-6972
Numerous opportunities await this historic, multi-unit property. Property consists of the historic Durning House building - 2 rental units (1Br-1Ba, and 2Br-2Ba-Loft); a 1,728 SF, 2Br-2Ba single-family house (YOC 1984) with 1.5 car garage and attached carport; and the freestanding 414 SF Sunday House (1Br-1Ba efficiency) built in 1994. The original portion of the Durning House reportedly dates back to 1915. Property is currently used as apt. rental units. However, other possible uses compatible with existing zoning include bed & breakfast (SUP required), hotel-motel, plus as variety of retail, restaurant, and office uses. Excellent high-traffic, high-visibility location widely known throughout the community!
County
Grayson
Property Sub Type
Mixed Use
Property Type
Commercial
Subdivision
DIVISIONS VAN ALSTYNE
Year Built
1915
Zoning
C-1
Appliances
Gas Water Heater
Ceiling Height
8 to10 Feet, Less than 8 Ft
Cooling
Ceiling Fan(s), Central Air, Electric, Window Unit(s)
Flooring
Carpet, Ceramic Tile, Laminate, Other, Vinyl, Wood
Heating
Central, Electric, Natural Gas, Space Heater
SqFt Gross
4750
Stories
2
Stories Total
2
Construction Materials
Metal Siding, Other, Siding, Vinyl Siding, Wood
Construction Materials Walls
Other, Paneling, Texture
Foundation Details
Other, Pillar/Post/Pier
Freight Doors
No Dock
Garage
yes
Lot Features
Level
Lot Size
.5 to < 1 Acre
Lot Size Area
0.585
Lot Size Dimensions
85 x 300
Lot Size Source
Assessor
Lot Size Square Feet
25482.6
Lot Size Units
Acres
Number Of Units Total
4
Open Parking
yes
Parking Features
Common, Covered, Garage, Open, Unassigned
Property Attached
no
Road Frontage Distance
85
Road Frontage Type
Curbs/Gutters, FM Road, Sidewalk, State Road, Storm Sewer
Road Surface Type
Asphalt
Roof
Composition, Metal
Utilities
All Weather Road, Asphalt, City Sewer, City Water, Curbs, Master Gas Meter, Master Water Meter, Overhead Utilities, Sidewalk, Underground Utilities
Building Area Source
Assessor
Building Area Total
4750
Community Features
Curbs
Country
United States
Directions
From US-75, exit Van Alstyne Pkwy-FM-121 (Exit #51), head east on W. Van Alstyne Pkwy approximately 0.5 miles, property is on the south side of street, turn right (south) into parking area. Note: The property is also known as 239 and 245 W. Van Alstyne Pkwy.
Multi Zoning
no
Senior Community
no
Building Use
Other
Commercial Features
Inside Storage, Living Areas, Multi-User
Green Energy Efficient
Appliances, Windows
Municipal Utility District
no
Property Match
APN
Second Mortgage
no
Status
Closed
Third Party Assistance Program
no
US Property MUI
406186682
Will Subdivide
No
Year Built Details
Preowned
Auction
no
Average Monthly Lease
1060
Buyer Financing
Conventional
Close Price/Lot Size Acre
470085.47009
Current Price/Lot Size
470085.47009
Exclusions
All personal property.
Gross Annual Expenses
12720
Gross Annual Income
25440
Leasable Area
4750
Net Operation Income
12720
Number Of Leaseable Spaces
4
Number Of Spaces Leased
2
Operating Expense Includes
Accounting, Insurance, Legal, Maintenance, Maintenance Grounds, Manager, Supplies, New Tax, Utilities, Water/Sewer
Owner Pays
Common Area Maintenance, Electricity, Gas, Insurance, Grounds Care, Management, Sewer, Taxes, Trash Collection, Water
Possession
Negotiable
Tax Block
SD 6 &
Tax Lot
D3
Tenant Pays
Insurance
Transaction Includes
Land & Improvements
Unexempt Taxes
4348
Listing courtesy of Lawrence Pettit of Paragon, Realtors
Similar Listings
Contact - Listing ID 14473106
Data services provided by IDX Broker
