1. Texas
  2. Mineral Wells
  3. 903 S OAK Avenue
$110,000

903 S OAK Avenue, Mineral Wells, TX 76067

  • 3,455 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon0.29acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $32/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

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

Listing Status:
Active
Listing Office:
Local Pro Realty LLC : 469-993-3121
Listing Agent:
Tessa Navarro :
MLS ID:
20872141
  • Flooring: Concrete
  • A/C: None
  • Heating: None

This listing courtesy of Tessa Navarro, Local Pro Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Mineral Wells Elementary School

1001 SE Martin Luther King Jr St, Mineral Wells, TX, 76067

Grades PK-6

0.56 miles away

M

Mineral Wells Junior High School

1301 SE 14th Ave, Mineral Wells, TX, 76067

Grades 7-8

0.83 miles away

M

Mineral Wells Academy

3810 Ram Blvd, Mineral Wells, TX, 76067

Grades 10-12

2.18 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.