For Sale
$75,000

118 South St Mathis, TX 78368

Distressed Commercial Building, High Potential

Property Records

Overview

Added:
Feb 3
Days on market:
85
This 7,635 square foot commercial property located at 118 N South St, Mathis, TX, presents a unique investment opportunity. Currently in a distressed state, this property offers significant potential for redevelopment. The building's configuration suggests a previous use as a mixed-use property, potentially housing five residential apartment units along E Rockport St and three commercial units along N South St. The property requires substantial renovation and is being sold "as is." Buyers are strongly encouraged to independently verify all information, including zoning regulations and any applicable restrictions, with the City or County of Mathis. It's important to note that an adjacent microbrewery is located behind the building. The seller is open to considering offers for the sale of a portion of the property, making this an adaptable investment opportunity for various development plans. This property is priced at $75,000 and sits on a lot with no acreage listed. Serious inquiries only. The property's condition necessitates a thorough due diligence process before any purchase commitment. This is an ideal project for an investor with a vision for revitalizing a property and maximizing its potential within the Mathis, Texas market. The unique layout and location offer a chance to create a thriving commercial space.

Property Details for 118 South St

Property type
Commercial real estate
Square Feet
7,635 SF
Year Built
1982

Location Insight

City
Mathis
County
San Patricio
State
Texas
Latitude
28.09455
Longitude
-97.82718

FAQs

What type of property is this?
Commercial real estate - Distressed Commercial Building, High Potential
Where is the commercial real estate located?
The property is located at 118 South St Mathis, TX.
What is the asking price?
The asking price for this property is $75,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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118 South St
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