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24725 US Highway 59 N - South Lakewood Grocery and Tackle 3,175 SF Specialty Building Offered at $500,000 in Queen City, TX 75572
INVESTMENT HIGHLIGHTS
- Location is the only retail location at the entrance to the lake and surrounding outdoor recreation areas
- Located on Hwy 59 with heavy vehicle traffic
EXECUTIVE SUMMARY
The buildings on the property are in poor condition, however, the RV slots have power and water. The property has two underground fiberglass fuel storage tanks. Maintains a 90% occupancy rate. Sales price is the going concern value.
PROPERTY FACTS Under Contract
AMENITIES
- Signage
ABOUT 24725 US HIGHWAY 59 N , QUEEN CITY, TX 75572
A prime, high-visibility property approximately 10 acres. Currently operating as an RV Park with 20 hook ups, bait shop, convenience store, and firewood sales. Situated on Hwy 59 with excellent traffic flow. The property sits along the road leading to Wright Patman Lake and surrounding parks and recreational areas. The store is approximately a mile from the Wright Patman Lake boat ramp, parks, and camping areas.
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PROPERTY TAXES
| Parcel Number | 34115 | Improvements Assessment | $216,410 |
| Land Assessment | $55,720 | Total Assessment | $272,130 |
PROPERTY TAXES
Parcel Number
34115
Land Assessment
$55,720
Improvements Assessment
$216,410
Total Assessment
$272,130
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MATTERPORT 3D EXTERIOR
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24725 US Highway 59 N - South Lakewood Grocery and Tackle
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