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Home/Texas homes/1309 E Milam Street
LANDMLS 21430821VIRTUAL TOUR

$445,000

1309 E Milam Street · Mexia, TX, 76667

Lot
0.84 acres
Year built
2009
Type
Retail

About this home

PRIME HWY 84 COMMERCIAL PROPERTY – MEXIA, TEXAS! Excellent Location, High Visibility & Multiple Income Opportunities! Discover an outstanding commercial investment opportunity along highly traveled Highway 84 (Milam Street) in Mexia, Texas! Situated on approximately 0.84 acres, this versatile 2,400-square-foot metal building with an attractive stone façade offers endless possibilities for a retail store, restaurant, professional offices, salon, trade business, entertainment venue, or other commercial venture. Conveniently located near Walmart, Best Western, major retailers, and restaurants, this property benefits from excellent highway exposure and easy accessibility. According to the Mexia Economic Development Corporation, the area serves a retail trade population of approximately 52,000, providing access to a substantial customer base. The planned TxDOT expansion of Highway 84 from two lanes to five lanes, including a dedicated center turn lane, is expected to further improve traffic flow and accessibility along this commercial corridor. The building offers numerous desirable features, including spray foam insulation, a metal roof, painted concrete floors, a kitchen area with basic fixtures, private office space, ADA restrooms, and a spacious rear inventory or storage area with high ceilings. Outside, a large fenced backyard provides additional storage or operational space, while the rock parking lot accommodates approximately 20 or more vehicles. An added investment advantage is the potential for multiple income streams! The property includes a seasonal snow cone stand, a year-round taco stand, and billboard advertising income that conveys with the sale. If you are looking to establish or expand your business or an investor seeking a strategically located commercial property with additional revenue opportunities, take advantage of Mexia's commercial growth and secure your place along one of the city's major highways! Call today to schedule your private showing!

Details

RetailBuilt 20090.84 acres lotnoneActiveMLS 21430821
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Listing courtesy of Coldwell Banker Apex, REALTORS. Listing data provided by the participating MLS via Trestle (CoreLogic). Information deemed reliable but not guaranteed.