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5605 Mile 3 Rd 8,591 SF 100% Leased Retail Building Mission, TX 78574 $1,750,000 ($203.70/SF)

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Investment Highlights

  • High traffic counts.
  • Established for 33 years.
  • Recently paved parking lot.

Executive Summary

This is a nice business that's full of potential. Owner's used to do groceries, gas, check cashing, etc. and made a lot of money, but health issues made them switch to easier merchandise for them to work. Could put back groceries, lotto, cigarettes, and gas, etc.. Traffic counts at TXDOT over 12,000 cars per day. Has apartment that you can live in. Tenant rents currently at $2,750 per month. Deli kitchen in place which can reopen. Also has Trailer home which Sister pays $350 a month, and may purchase. Great opportunity for aggressive new owner to substantially increase profit. They are currently selling beer, small snacks, hardware, candles, perfumes, and scents. Property has own Septic tank and Propane tank, sewer and gas line not yet available. . Contact Broker for more details, or to schedule a showing. DO NOT disturb owners, tenants, or employees, showings by appointment only. Must sign confidentiality agreement for additional information. Do not have to purchase inventory if desire to operate a different business. Broker believes Highest and Best use is a Convenience Store with gas. Owner will sell Building with Owner Financing with only 10% Down + Inventory purchased, higher down payment if do not purchase inventory. Great Deal to start business!!!
This property is not located in a Municipal Water District.
*County building Square feet records are NOT accurate, must verify square feet for your purpose. Dallas Business Realty will not assume any liability for Square footages.
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Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Service Station
Building Size
8,591 SF
Building Class
C
Year Built
1988
Price
$1,750,000
Price Per SF
$203.70
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
0.97 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Parking
25 Spaces (3.09 Spaces per 1,000 SF Leased)
Frontage
342’ on West Mile 3 Road

Amenities

  • Pylon Sign
  • Signage

Property Taxes

Property Taxes

Parcel Number
M7060-00-000-0008-00
Land Assessment
$89,180
Improvements Assessment
$377,395
Total Assessment
$466,575
  • Listing ID: 25610661

  • Date on Market: 5/2/2022

  • Last Updated:

  • Address: 5605 Mile 3 Rd, Mission, TX 78574

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