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130 Gonzales St

2,411 SF 100% Leased Retail Building Paige, TX 78659 $489,890 ($203/SF)

Investment Highlights

  • Full Kitchen
  • Cozy Studio House
  • Modern Full Bathroom

Executive Summary

Discover the charm of Paige with this unique real estate opportunity! Nestled on a full block and a half, this .81-acre property offers versatility and potential for various uses. Formerly home to Yarnorama, the building boasts an updated interior from a decade ago, maintaining its inviting appeal with some fixtures included. The history of the building going back as far as 1890 is included with the building. The property includes a cozy studio house at 128 Gonzales, featuring 720 sq. ft. of living space with an upgraded kitchen, gleaming wood floors, a modern full bathroom, and a durable metal roof. Two separate septic systems enhance convenience and functionality. Additionally, 127 Lockhart is prepped for RV parking with electrical and water hookups and space for four RVs. Imagine transforming this space into a vibrant community hub! Ideal for a church, the building offers a potential chapel and fellowship hall, complete with a kitchen. Envision a restaurant, retail space, community center, garden, event venue, garden center, or craft school, perfect for specialized classes with traveling teachers. The lighted Yarnorama highway sign at the corner of Gonzales and Hwy 290 can be conveyed if desired. The owner of that space has agreed to continue renting it to the new buyer at a reasonable price. New inserts would be needed to replace the current ones to advertise the new space. With commercial-grade appliances negotiable, this property is a canvas for endless possibilities. Embrace the potential and create something extraordinary in Paige!

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
2,411 SF
Year Built
1930
Price
$489,890
Price Per SF
$203
Percent Leased
100%
Building Height
1 Story
Building FAR
0.24
Land Acres
0.23 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
109829
Land Assessment
$28,080
Improvements Assessment
$60,531
Total Assessment
$88,611
  • Listing ID: 33675867

  • Date on Market: 10/29/2024

  • Last Updated:

  • Address: 130 Gonzales St, Paige, TX 78659

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