501 W Moore Ave, Terrell, TX 75160

$980,000

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List Price
$980,000
MLS#
21404823
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1991
Construction Status
Preowned
Acres
0.54
County
Kaufman
City
Terrell
Subdivision
Western

Property Description

Excellent commercial investment opportunity in the heart of Terrell! Located at 501 & 503 W Moore Avenue, this versatile property offers a combination of existing rental income, owner-user potential, and additional opportunities for future growth. The main commercial building features three individual units, with two currently leased and generating income. The third unit is owner-occupied and is expected to be delivered vacant at closing, providing an opportunity for a new business owner or additional rental income. The property also includes a separate warehouse shop building suitable for a variety of potential commercial uses, subject to city approval, along with additional vacant land at the rear of the property. Ideally positioned along W Moore Avenue, immediately next to AutoZone and across from Taco Bell, the property benefits from a well-established commercial setting surrounded by neighboring businesses. Whether you're an investor looking to expand your portfolio or a business owner seeking a location with supplemental rental income, this property offers flexibility and long-term potential. Don't miss this opportunity to own a multi-building commercial property in Terrell!

Additional Information

Unexempt Taxes
$13,087
Tenant Pays
AllUtilities, Other
Lot Size
23,565
Acres
0.54
Flooring
Concrete, Tile
Foundation
Slab
Roof
Metal
Building Stories
1
Parking Garage
Additional Parking, Parking Lot
Possession
CloseOfEscrow, Negotiable
Proposed Use
Automotive, Retail
Inclusions
Building Only, Land Only

Mortgage Calculator

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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Tabi Imah from Pinnacle Realty Advisors. Contact: 214-430-3341,214-430-3341

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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