For Sale
$1,000,000

24980 St HwyCanton, TX 75103

Prime Canton location, 12,786 sq ft, multiple buildings.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional commercial property, located at 24980 E St Hwy 64 in Canton, Texas, presents a compelling investment opportunity. The 4-acre lot houses multiple buildings totaling 12,786 square feet, offering diverse income streams and expansion potential. A beautifully finished 4,200 square foot executive office building is ready for multiple tenants, boasting attractive finishes and high functionality. Additionally, a 4,100 square foot warehouse features both open and enclosed storage areas, a small office, and a full standby generator. Ground-level and dock-high truck access are available, along with approximately 3,200 square feet of covered storage. Significant open lot space allows for further development or expansion of commercial or retail buildings. This property benefits from its strategic location less than one mile east of Highway 19, near downtown Canton, ensuring high visibility and accessibility. Current tenants provide immediate income, with the owner-tenant of the office building and outside storage relocating, and the warehouse tenant likely to remain. A communication tower lease is also expected to continue. The property's APN is R000006622. Built in 1990, this single-story property is priced at $1,000,000, or $78.21 per square foot. The property consists of two units. This is a rare opportunity to acquire a versatile commercial property with strong existing income and significant upside potential in a thriving Texas market.

Highlights

  • Exceptional 4-acre commercial property in Canton, TX, with multiple buildings totaling 12,786 square feet.
  • Includes a 4,200 SF executive office building and a 4,100 SF warehouse with open and enclosed storage, a small office, and a standby generator.
  • Features ground-level and dock-high truck access, plus 3,200 SF of covered storage and significant open land for expansion.
  • Strategically located less than one mile east of Highway 19, near downtown Canton, offering high visibility and accessibility.
  • Priced at $1,000,000 ($78.21/SF), with existing tenants providing immediate income and upside potential.

Property Details for 24980 St Hwy

Property type
Retail properties, Office properties
Square Feet
12,786 SF
Year Built
1990
Stories
1
Lot Size (sq. ft)
174,240 SF
Units
2

Location Insight

City
Canton
County
Van Zandt
State
Texas
Latitude
32.5492602
Longitude
-95.849056
24980 St Hwy, Canton, Texas

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24980 St Hwy
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