12149 State Highway 21Midway, TX 75852

Property Details for 12149 State Highway 21

Lot size

0.08 AC

Property size (Sq ft)

2,100 SF

Property type

Commercial real estate

APN

R-0247-000-1730-901

APU

R02470001730901

Description

This charming stucco grocery store, located at 12149 State Highway 21 in Midway, Texas, presents a unique investment opportunity. The 2,100 square foot building sits on a 0.08-acre lot and is conveniently situated right off the main road, offering excellent visibility and accessibility. This is an AS-IS cash sale, meaning the property is sold in its current condition. However, several key improvements have been made in recent years, including the replacement of the roof, electrical box, electrical wiring, and both air conditioning units. These upgrades significantly reduce the immediate maintenance burden for the new owner. Utilities will be reactivated upon contract signing and completion of inspections. The seller is eager to facilitate a smooth transaction and welcomes prospective buyers to visit the property and assess its potential firsthand. This presents a rare chance to acquire a well-located commercial property in a desirable Texas town at an attractive price point of $49,000. The property's history as a grocery store suggests potential for continued use in a similar capacity, or for adaptive reuse to suit a variety of other commercial ventures. The building's prime location and recent upgrades make it an attractive proposition for investors seeking a straightforward, cash-only investment with significant upside potential.

• Alternative Use

  Use

  Valuation

  Residential

  $660,769

  Hospitality

  $605,261

  Educational

  $503,570

  Medical

  $520,889

  Retail

  $783,331

Location Insight

City

Midway

County

Madison

State

Texas

Latitude

31.026

Longitude

-95.7507

Property Tax & Assessments

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