Automotive Repair & Tires Sales | 2420 State Highway 155
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Automotive Repair & Tires Sales 2420 State Highway 155
21,360 SF Vacant Retail Building Palestine, TX 75803 $1,281,600 ($60/SF)
Investment Highlights
- Heavily traveled Texas State Hwy 155
- Turnkey Business included
- 284' Highway frontage
Executive Summary
Fantastic location with excellent accessibility on heavily traveled TX Hwy 155 just north of Loop 256 in Palestine, TX. Two buildings totaling 21,360 sf on 2.022 acres. Currently owner operated full service automotive repairs and tire sales. Complete with all inventory and equipment. Building #1, built in 1983 has 9600 sf with 4 bays, plenty of customer parking, a large customer waiting lounge area, customer service area and a huge showroom. Building #2, built in 1995 has 11,760 sf. It has 16 bays, with 11 two-post lifts and 4 four-post heavy-duty Bend-Park lifts. Also, a Hunter Hawkeye alignment machine plus a Hunter Heavy Duty Medium truck alignment machine.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$13,668
|
$0.64
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$13,668
|
$0.64
|
Financial Summary (Actual - 2023)
| Taxes | |
|---|---|
| Annual | $13,668 |
| Annual Per SF | $0.64 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $13,668 |
| Annual Per SF | $0.64 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
21,360 SF
Year Built/Renovated
1985/1995
Price
$1,281,600
Price Per SF
$60
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.24
Lot Size
2.02 AC
Zoning
Commercial - Commercial
Frontage
284 FT on Texas State Hwy 155
Amenities
- Freeway Visibility
- Security System
- Signage
- Monument Signage
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Automotive Repair & Tires Sales | 2420 State Highway 155
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