903 S Oak Avenue, Mineral Wells, TX

$110,000

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3,455

Square feet

0.29

Acres

About 903 S Oak Avenue

Prime Commercial Property on Mineral Wells’ Busiest Highway Address: 903 S Oak Avenue, Mineral Wells, Texas Property Overview: Strategically situated on the primary highway leading into Mineral Wells, 903 S Oak Avenue offers unparalleled visibility and accessibility, making it an ideal location for businesses seeking high traffic and exposure. Proximity to The Baker Hotel Restoration: This property is located near the historic Baker Hotel, which is undergoing a significant restoration projected to cost approximately $65 million. The hotel’s revival is anticipated to attract a substantial number of visitors and tourists, revitalizing the local economy and increasing foot traffic in the area. The city of Mineral Wells is committed to fostering economic growth and offers attractive tax breaks for businesses that generate employment opportunities for the community. These are designed to support companies that contribute to the local economy and address specific community needs. Local Business Performance: The McDonald’s in Mineral Wells has demonstrated robust performance, with annual revenues surpassing the national average for the franchise. This indicates a strong local market and a supportive community for businesses. Key Features: • High Visibility: Located on the busiest highway leading into Mineral Wells, ensuring maximum exposure. • Economic Growth: Proximity to the Baker Hotel restoration project, set to boost tourism and local spending. • Business-Friendly Environment: Access to city-provided tax breaks for job-creating enterprises. • Proven Market: Existing businesses, such as the local McDonald’s, have shown exceptional performance, reflecting a thriving commercial environment. This property presents a unique opportunity for businesses to establish themselves in a growing market with strong community support

Features of 903 S Oak Avenue

MLS® # 20872141
Price $110,000
Bathrooms 0.00
Square Footage 3,455
Acres 0.29
Year Built 1950
Type Commercial Sale
Sub-Type Business
Status Active

Community Information

Address 903 S Oak Avenue
Subdivision UNKNOWN
City Mineral Wells
County Palo Pinto
State TX
Zip Code 76067

Amenities

Utilities Asphalt, City Sewer, City Water, Electricity Available
Garages Additional Parking, Asphalt, Driveway, Gravel
Is Waterfront No
Has Pool No

Interior

Heating None
Fireplace No
# of Stories 1
Stories 1

Exterior

Roof Metal, Shingle
Construction Brick, Concrete, Rock/Stone, Stucco, Plaster
Foundation Slab

Additional Information

Zoning General Commercial

Listing Details

AgentTessa Navarro
OfficeLocal Pro Realty LLC
Contact Info469-993-3121

Listing Map

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