520 Jackson St Jacksonville, TX 75766

This exceptional investment opportunity presents a 36-unit motel situated on a 0.92-acre lot in the heart of Jacksonville, Texas. The property boasts a total of approximately 40,075 square feet, encompassing the main motel building and an additional structure. The motel itself underwent a complete remodel in 2017 and currently features 36 rooms/units. Furthermore, several rooms have been converted into living space, offering the potential to increase the number of rentable units. Convenient amenities include a large laundry room and multiple storage rooms. An additional building, previously a donut shop, comprises 2,952 square feet and presents significant redevelopment potential. This building requires renovation but offers a blank canvas for a variety of commercial uses, including restaurants, retail spaces, or daycare centers. The city of Jacksonville is actively supportive of demolition costs, making this a particularly attractive proposition for developers seeking a clean slate to build their ideal commercial property. This prime location in the heart of Jacksonville ensures high visibility and accessibility, making it an ideal investment for discerning buyers seeking strong returns. The asking price is $1,350,000.