See all 30 photos

$1,399,999

Est. payment - /mo

Save Virtual Tour

2.93 Acres Lot

New

1920 S 3rd Street Mabank, TX 75147

Save Virtual Tour

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Josiah Ford

jford@teamforddfw.com +1(214) 425-3525

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 21309451

Total Fin. Sqft 5000

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

Zoning C1

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

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Concrete, Luxury Vinyl Plank

Heat Source Central, Electric

Exterior

Utilities Available City Sewer, City Water, Electricity Connected

Roof Type Metal

Garage No

Building

Lot Description Acreage, Adjacent to Greenbelt, Landscaped, Sprinkler System

Foundation Slab

Structure Type Metal Siding,Rock/Stone

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

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

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Courtney Dickens Johnson • TX Lake & Land Real Estate

Nearby Locations

GET MORE INFORMATION

Josiah Ford

Broker | License ID: 0596265

+1(214) 425-3525

1920 S 3rd Street Mabank, TX 75147

Josiah Ford

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

GET MORE INFORMATION

Go tour this home

1920 S 3rd Street