UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Hitt Add
MLS Listing ID 21362118
Total Fin. Sqft 1832
Year Built 1924
Annual Tax Amount $3,191
Lot Size 5,009 Sqft
Acres 0.115
Property Sub-Type Retail
Property Description
Prime location just five blocks from the historic Baker Hotel, which is currently being restored. The Baker can be seen from both the front and rear porches, and downtown Mineral Wells is within walking distance.
Built in 1924, this approximately 1,832-square-foot property features hardwood floors, high ceilings, a very large attic, huge rear deck, expansive covered front porch, and a large covered area believed to have once served as a carriage cover.
The property was once a duplex and was completely remodeled and converted back into a single building. With four separate entrances, it could easily be converted back to a duplex or adapted for residential or commercial use. It has previously been used as a residence, real estate office, and insurance office. The kitchen was remodeled specifically so it could be removed for an easy commercial conversion.
The possibilities are extensive, including a residence, duplex, Airbnb, boutique, office, restaurant, or other permitted business use. Buyer to verify zoning, permitted uses, parking requirements, and development possibilities with the City.
Electrical and plumbing have been replaced. Central heat and air were replaced within the past 10 years; the outside unit is currently not functioning.
Front parking is available. Additional adjoining and nearby properties are also available, offering potential to expand the property, add parking, or assemble additional acreage.
Historic character, Baker Hotel views, walkability, flexible configuration, four entrances, and surrounding acquisition opportunities make this a rare investment opportunity in downtown Mineral Wells.
Location
State TX
County Palo Pinto
Zoning Has been used as residential and commercial. Buyer to verify use with the city prior to closing.
Direction Property is on the left before you get to downtown Mineral Wells, Texas. It's 5 blocks from the Baker Hotel.
Interior
Heating Central
Cooling Central Air
Flooring Tile, Wood
Heat Source Central
Exterior
Utilities Available Asphalt
Roof Type Composition
Garage No
Building
Foundation Pillar/Post/Pier
Structure Type Rock/Stone,Stucco,Wood
Others
Special Listing Condition Aerial Photo
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21362118
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