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$1,399,999

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5,000 SqFt

Active

1920 S 3rd ST Mabank, TX 75147

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Katie Miller

katie@westlandrg.com +1(254) 498-0097

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $279

MLS Listing ID 21309451

HOA Y/N No

Year Built 1999

Annual Tax Amount $15,792

Lot Size 2.930 Acres

Acres 2.93

Property Sub-Type Retail

Property Description

Cedar Creek Lake Area Office, Warehouse & Storage Investment Opportunity! Excellent commercial opportunity in a high-traffic location on Hwy 198 in Mabank, just minutes from the heart of the Cedar Creek Lake area. Ideally positioned approximately one hour from downtown Dallas and one hour from Tyler, this property offers strong regional accessibility, excellent visibility, and multiple income streams. Situated on 2.93 acres, the property includes approximately 5,000 total square feet of building space, featuring 2,500 square feet of finished office space with 14 private offices, a conference room, kitchen break area, two bathrooms, copier workroom, and interior exterior security video cameras. The office portion alone currently generates close to $80,000 in annual rental income, creating strong immediate investment appeal. The additional 2,500 square feet of warehouse space includes two high bay overhead doors and extra storage above the office area. The property also offers approximately 3,750 square feet of covered parking and 16 total office parking spaces, including 12 covered and 4 uncovered spaces. The back portion of the property is currently used for uncovered RV, boat, and trailer storage, secured by perimeter high fencing. The buyer would inherit the existing storage business, adding another layer of income potential. Additional revenue is generated from four billboards along the front of the property, maximizing the value of this highly visible Hwy 198 frontage. A front sign location with electrical is also in place, providing added branding potential for future business use. With strong traffic exposure, close proximity to Cedar Creek Lake, current office rental income, an existing storage business, billboard revenue, flexible office warehouse space, and on-site signage potential, this property offers outstanding potential for an owner-user, investor, or business looking to expand in the East Texas market.

Location

State TX

County Henderson

Community Curbs

Zoning C1

Direction From Mabank and Hwy. 175, drive south on Hwy. 198, property will be on your left, near Tractor Supply.

Body of Water Cedar Creek

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Concrete, Luxury Vinyl Plank

Inclusions Building Only, Business, Furniture, Land & Improvements

Fireplace No

Exterior

Parking Features Attached Carport, Additional Parking, Concrete, Garage, Inside Entrance, Kitchen Level, Parking Lot, Garage Faces Side, See Remarks

Community Features Curbs

Utilities Available Electricity Connected, Sewer Available, Water Available

Water Access Desc Public

Roof Type Metal

Road Frontage City Street, Highway

Garage Yes

Private Pool No

Building

Lot Description Acreage, Backs to Greenbelt/Park, Landscaped, Sprinkler System

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 079404100A0051

Security Features Security System Owned,Security System,Other

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21309451

NEARBY SCHOOL & BUSINESS

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Katie Miller

Broker Associate, Team Lead | License ID: 711670

+1(254) 498-0097

1920 S 3rd ST Mabank, TX 75147

Katie Miller

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

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1920 S 3rd ST