2101 Hubbard StMineral Wells, TX 76067

Property Details for 2101 Hubbard St

Year built

1961

Lot size

0.50 AC

Property size (Sq ft)

28,520 SF

Property type

Other commercial real estate

APN

163940000

APU

163940000

Description

This exceptional 0.5-acre retail site in Mineral Wells, Texas, presents a prime redevelopment opportunity. Currently occupied by a 6,000 square foot car body shop, the property boasts a 100% occupancy rate and is situated on East Hubbard Street between Sonic and Taco Casa, benefiting from the highest vehicle traffic volume in town (over 26,000 VPD). The property's strategic location is further enhanced by its proximity to numerous national retailers, including Brookshire's Food & Pharmacy, Allsup's Gas, T-Mobile, Little Caesars Pizza, Ace Hardware, and others. Recent additions to the area include Atwood Ranch & Home, HTeaO, Popeyes, and Boot Barn, indicating a thriving retail environment. Further development is underway with a new Clearfork Bank and HTeaO soon to open. The property features a single-story building constructed in 1961, zoned for general retail use, and offers significant potential for redevelopment into a thriving QSR or restaurant establishment. The asking price is $700,000, translating to $32.14 per square foot, reflecting both building and land value. The property's APN is R000020338. This is an unparalleled opportunity to capitalize on the robust growth and high visibility of this prime location in Mineral Wells. The property is owned by a sole member.

Location Insight

City

Mineral Wells

County

Palo Pinto

State

Texas

Latitude

32.8096

Longitude

-98.0963

CBSA code

33420

CBSA name

MINERAL WELLS, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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