115 Walnut StNocona, TX 76255

Property Details for 115 Walnut St

Year built

1955

Property size (Sq ft)

17,248 SF

Property type

Commercial real estate

APN

R000003117

APU

R000003117

Description

This exceptional mixed-use property in Nocona, Texas, presents a unique investment opportunity. Located at 115 W Walnut St, this 35,954 square foot property sits on a 0.624-acre lot and offers remarkable versatility. The property comprises two buildings: a 17,248 square foot structure built in 1955 and a 18,706 square foot addition constructed in 2014. Previously housing a renowned car museum, the space boasts impressive features including retractable doors on three sides, level floors, handicap-accessible restrooms, abundant natural light, and eye-catching neon lighting. The interconnected buildings can be easily separated to suit various needs. Its prime location offers excellent walkability to the historic downtown area and convenient access to US Highway 82. The asking price is $1,200,000. Exterior signage is negotiable separately. This property is zoned for mixed-use purposes, including auto shop, religious/church, and storefront uses. The property's adaptable design and prime location make it ideal for a variety of businesses seeking a unique and spacious location in a revitalizing Texas town. This is a chance to capitalize on a property with significant potential in a growing community.

• Alternative Use

  Use

  Valuation

  Residential

  $5,330,276

  Hospitality

  $4,882,504

  Educational

  $4,062,186

  Medical

  $4,201,892

  Retail

  $6,318,956

Location Insight

City

Nocona

County

Montague

State

Texas

Latitude

33.7899

Longitude

-97.7288

Property Tax & Assessments

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