123 Oak AveKermit, TX 79745

Property Details for 123 Oak Ave

Year built

1950

Lot size

0.37 AC

Property size (Sq ft)

16,000 SF

Property type

Other investment properties

Property subtype

Investment properties

Description

This exceptional 16,000 square foot commercial property located at 123 N Oak Ave, Kermit, TX, presents a significant investment opportunity. Situated on a 0.37-acre lot, the property boasts ample paved parking, multiple shop bays ideal for various industrial uses, a spacious showroom floor perfect for showcasing products or services, and dedicated office space for administrative functions. A separate area is also available, suitable for parts and supplies storage or even a secondary business venture. The versatile layout allows for considerable flexibility, making it an attractive option for a single large operation or multiple smaller tenants. The property's design lends itself well to subdivision into several independent rental units, generating diverse income streams. The asking price of $200,000 reflects a substantial price reduction, presenting a compelling opportunity for buyers seeking a high-return investment in a thriving Texas market. This property is ready for immediate occupancy and offers significant potential for growth and profitability. Don't miss this chance to acquire a prime commercial space in a desirable location. Contact us today to schedule a viewing.

Location Insight

City

Kermit

County

Winkler

State

Texas

Latitude

31.8584

Longitude

-103.094

FAQs

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