$600,000
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4,050 SqFt
SOLD DATE : 06/08/2021
Key Details
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 4,050 sqft
Price per Sqft $148
Subdivision Na
MLS Listing ID 14508537
Sold Date 06/08/21
Total Fin. Sqft 4050
Year Built 1860
Lot Size 0.450 Acres
Acres 0.45
Property Description
Opportunity to own a rare investment property in Historic Jefferson, TX! Built in the 1860s, property underwent major restoration in 2009 with $1 million invested. Brought back to its original glory. Two-story building offers two different sources of income for investor. Building is currently under a Three year lease. Saloon style restaurant occupies bottom floor of the building with a long-term lease. Restaurant is not for sale. Top floor of the building houses a 2 bedroom, 2.5 bathroom apartment set up for vacation rental accessibility for events and visitors. Jefferson hosts many events, is ported off of Caddo lake and a small drive down to Lake O The Pines. Call Scott Nolan at (903) 297-4302 for more info.
Location
State TX
County Marion
Zoning Comm.
Direction From Intersection of US-59 and TX-49 head east on TX-49 & Texas Forest Trail. Continue to follow Texas Forest Trail to Dallas Street. Take Rt. on Dallas Street, McGarity's Restaurant & Saloon is on the Left.
Interior
Cooling Central Air, Electric
Flooring Wood
Exterior
Utilities Available All Weather Road, Asphalt, City Sewer, City Water, Other, Overhead Utilities
Roof Type Other
Garage No
Building
Foundation Slab
Structure Type Brick
Others
Ownership Brent Strawn
Financing Cash
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Bought with Non-Mls Member • NON MLS
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