114 Collin StLeonard, TX 75452

  • Commercial real estate
  • 2,240 SF
For Sale
$225,000 View listing

Property Details for 114 Collin St

Lot size
0.08 AC
Property size (Sq ft)
2,240 SF
Property type
Commercial real estate
APN
90096
APU
90096

Description

This exceptional 3,358 square foot retail property, located at 114 W Collin Street in the heart of historic Leonard, Texas, presents a unique investment opportunity. Situated on a 0.08-acre lot on the north side of the town's red brick square, this circa 1910-1912 building boasts undeniable character and charm. The building features a striking setback entrance, accentuated by mirrored columns flanking the entryway and showcasing built-in showroom windows, ideal for attracting customers. Recent improvements include the replacement of the wood flooring and roof repairs at the rear of the structure, ensuring both aesthetic appeal and structural integrity. The interior layout offers a spacious, open floor plan with high ceilings in the front section, creating a bright and welcoming atmosphere. A staircase leads to a substantial upstairs storage area, providing ample space for inventory or additional uses. The property includes a large refrigerator, previously utilized for floral preservation, reflecting its long history as a successful floral and gift shop. Prior to that, the building served as a furniture store, demonstrating its versatility and adaptability to various retail businesses. This property is ready for a new chapter, offering a blend of historical significance and modern functionality in a thriving downtown location. The asking price is $225,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $564,647
    Hospitality
    $517,214
    Educational
    $430,316
    Medical
    $445,115
    Retail
    $669,380
114 Collin St, Leonard, Texas

Location Insight

City
Leonard
County
Fannin
State
Texas
Latitude
33.381
Longitude
-96.2482
CBSA code
14300
CBSA name
BONHAM, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2018
$1,192
$25,730
$97,190
$122,920
-
$25,730
$97,190
$122,920

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