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 currently generating $400 per month. 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 Coca-Cola building leased to local builder through 10-18-2023 and planned to be office space. Rear portion needs some renovation to bring another 1,320 sq ft of usable space. 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.
Location
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Listing Agent: Jonathan Williams Courtesy of: J. Williams Real Estate Srvcs Properties marked by the NTREIS Logo are courtesy of the NTREIS Multiple Listing Service. Property listing data provided by NTREIS multiple listing service. You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. Updated: 13th August, 2022 11:25 AM (UTC)
