55 Heritage Rd - Office/Residential FOR SALE


Gordonville, TX 76245
$1,500,000 USD
940-390-3911
55 Heritage Rd, Gordonville, TX for Sale
$1,500,000 USD
Office/Residential - FOR SALE
1/59
null | Request Cap Rate

55 Heritage Rd
Gordonville, TX 76245


HIGHLIGHTS

  • corner lot
  • acerage
  • not zoned

OVERVIEW

Exceptional multi-use commercial property offering endless possibilities just outside the city limits with no zoning restrictions! Situated on 8 acres with over 870 feet of Highway 377 frontage, this impressive approximately 4,000-square-foot stone building is ideally positioned for a wide variety of commercial, investment, or live-work opportunities. The property features 2 different types of spaces under one roof. The office portion offers three private offices, a spacious conference room, two bathrooms, flex space and a large garage for storage. The income producing residential portion offers 2 bedrooms, 1 bathroom, full kitchen, and multiple flexible workspaces. This arrangement makes it ideal for an owner-occupant, on-site manager, rental income, or employee housing. Outside, you’ll find two stocked ponds, fenced yard, two water wells for irrigation, co-op water, and plenty of room for expansion or additional business operations. The building offers spray foam insulation along the roofline for energy efficiency, a security system with cameras, and a new roof has recently been installed, providing added value and peace of mind. Conveniently located just minutes from Lake Texoma, area marinas, casinos, and wineries, this highly visible property offers exceptional accessibility and outstanding potential for professional offices, medical, event venue, retail, contractor headquarters, hospitality, mixed-use development, or countless other business ventures. With premium highway frontage, acreage, and no city zoning restrictions, opportunities like this are truly hard to find.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$375 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

8 AC

LAND SF

348,480 SF

ZONING

Unzoned

APN/PARCEL ID

111448

ASK ABOUT THIS PROPERTY

Laura BradleySouthernlifeliving.comMore Info
940-390-3911

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Laura BradleySouthernlifeliving.comMore Info
940-390-3911

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.