929 N Main, Lumberton, TX 77657

$1,199,000
517,493
SqFt

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List Price
$1,199,000
Status
ACTIVE
Price Change
▼ $100,987 1788575031
MLS#
263876
Living Area
517,493
Lot Size
517,492
Acres
11.88
MLS Area Major
Lumberton

Property Description

ENTITLEMENTS DONE!! -11± Acres -$2.70/SF land only-Multiple Income Streams on State Hwy 96. An exceptional opportunity to acquire a high-visibility 11± acre commercial property in Lumberton TX, offering immediate income opportunity and significant upside. Existing Income-Producing Assets on 1.43 acres with 2 culvert entrances. This property includes three established revenue streams, providing cash flow while future development plans are executed: Furnished Short-Term Rental (STR) – turnkey, income-producing lodging, Short term lease on 941 N. Main and Billboard Sign Income – additional passive revenue/strong highway exposure. Beyond the existing income, the site includes a fully entitled commercial development tract (10.442/ac) and has caught attention of multi-family and Senior living developers. Broker is Owner.

Additional Information

Heating
Central Electric
Roof
Composition Shingle

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Listing courtesy of Reagan Hanna from Double H Property Management. Contact:

Listing courtesy of Double H Property Management.