$575,000
Active
10 Days Online
0 Beds0 Baths5,204 SQFT
Active

309 N Fm 2353 Possum Kingdom Lake, TX 76449

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INVESTORS! Fully leased multi-use commercial property in the heart of PK's East side commercial business district, close to restaurants, the Chamber of Commerce, and many other businesses. This property offers four units currently occupied by various types of businesses plus a residential apartment. In addition, there is a large garage-shop that is unoccupied, extra storage building, lease income from an overhead billboard, and three RV spots. Current owners have done many repairs and upgrades to the building over the past three years, and also added a drive to provide access from Airport Rd behind the property. All units have been successfully leased since 2021 and most units are leased through 2024. The billboard lease agreement is renewed for several years. This property provides a good opportunity for future growth and steady rental income. One acre beside this property (behind Brazos Title building) also available in separate listing; the two properties can be purchased together.

  • Property TypeCommercial
  • NeighborhoodPickwick Acres Pk La
  • CountyPalo Pinto
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site10 Days
  • MLS StatusActive
  • MLS ID Number20479603
  • Home Size Source Public Records
  • Year Built1980
  • Lot Size0.778 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction CedarFrame
  • Parking AsphaltParking Lot
  • Number of Stories 1
  • Acreage 0.778
  • Zoning Unincorporated area, no zoning
  • Security Unknown
  • Property Sub Type Office
  • Utilities Electricity Connected
  • Foundation Slab
  • Listing Conditions Standard

Interior Features

  • Cooling Central AirElectric
  • Heating CentralElectric
  • Flooring Varies

Exterior Features

  • Roof Metal
  • Waterfront Property No

Community Features

  • Security Features Unknown

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Monthly Payment (Est.)

$3,067
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