104 College, Stephenville, Texas

$599,000
Active
104 College, Stephenville, Texas
104 College, Stephenville, Texas
104 College, Stephenville, Texas
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Property Details

MLS ID: 21118139
Status: Active
Price: $599,000
Acres: 0.07±
Type: Business, Commercial
Address: 104 College
City, State: Stephenville, TX
County: Erath County
ZIP Code: 76401
Parcel Number: R000029156
Year Built: 1873

Description

Downtown Stephenville’s best corner! This is the Historic Gentry & Shelton Building built in 1873, the oldest surviving building on the square. The area is booming with new development and this one sits miles ahead because it’s truly build-ready. Full sealed architectural including MEPS's are complete. The entire design is already approved by the THC making it eligible for 45% in combined tax credits. That review work is costly and time-consuming and it’s already done. Literally next door the adjoining building is currently being updated to become retail space and next to it a boutique hotel being built! The building has 2 levels plus the old county-jail basement. Zoning is B4 private club, can shift to DT. Inventory on the square is tight and nothing else comes with this level of prep. A rare shot at a project with major value unlocked.

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Andy Flack

Andy Flack

HomeLand Properties, Inc.

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Listed By: Sam Byrd of Keller Williams Brazos West