419 E Moore Ave, Terrell, TX 75160
- $624,999
- List Price
- $624,999
- Price Change
- ▼ $34,001 1740455543
- MLS#
- 20779451
- Status
- ACTIVE UNDER CONTRACT
- Type
- Commercial
- Subtype
- CommercialSale
- Year Built
- 1982
- Construction Status
- Preowned
- Acres
- 0.56
- County
- Kaufman
- City
- Terrell
- Subdivision
- Terrell Original
Property Description
Opportunity to acquire large building and land in Historic Downtown area. Second generation restaurant building in the heart of Downtown Terrell, TX with building footprint over 4600 sf with secondary parking lot over 35 guest spaces. Parking lot at 403 E Moore Avenue and Building is at 419 E Moore Avenue in Terrell, TX. Moore Avenue is a major US Hwy running East and West through the downtown Terrell district. Building is thought to have been a Texas Midland Freight Depot 1927-1958. Property in Opportunity Zone. Terrell has enjoyed continual and robust growth in Kaufman County representing one of the fastest growing counties in the country according to US Census. With an ideal location along US Hwy 80, downtown Terrell draws in visitors and residents with its charm. More than $4 million in improvements have been made to the downtown area in sidewalk, landscaping, parking and lighting improvements with more improvements to come. For more than 30 years, shops and businesses have enjoyed and profited from their prime downtown location, with many other businesses following suit, taking advantage of Terrell’s unprecedented growth. City and civic leaders continuously work to keep downtown a vibrant and vital part of Terrell through the Parks and Downtown Improvement Corporation (PADIC), which formed in 2019. Through its mission to improve Terrell’s quality of life and recommend capital improvements, the PADIC focuses on parks and downtown, furthering the city’s commitment to its Central Business District. Looking for a great investment opportunity? Look no further than this spectacular location.
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Additional Information
- Unexempt Taxes
- $8,661
- Lot Size
- 24,393
- Acres
- 0.56
- Flooring
- Combination, Concrete, Laminate, Tile
- Foundation
- Slab
- Roof
- Composition
- Building Stories
- 2
- Parking Garage
- Paved, Parking Lot
- Possession
- ClosePlus30To60Days, CloseOfEscrow, Negotiable
- Proposed Use
- Food Service, Office, Restaurant, Retail
- Inclusions
- Furniture, Land & Improvements, Machinery
- Possession
- ClosePlus30To60Days, CloseOfEscrow, Negotiable
- Community Features
- Sidewalks
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Listing courtesy of Dana Tidwell from Keller Williams Urban Dallas. Contact: 404-386-3750