1309 Milam StMexia, TX 76667

  • Other commercial real estate
  • 840 SF
For Sale
$450,000 View listing

Property Details for 1309 Milam St

Year built
2009
Lot size
0.81 AC
Property size (Sq ft)
840 SF
Property type
Other commercial real estate
APN
R14478
APU
R14478

Description

This exceptional 2,400 square foot retail property, situated on a 0.84-acre lot at 1309 E Milam Street in Mexia, Texas, presents a lucrative investment opportunity. The building boasts a striking metal and stone facade and offers versatile space ideal for a variety of uses, including retail, restaurant, professional office, salon, or even a church. The existing layout includes a functional kitchen area, painted concrete floors, a metal roof, a dedicated office, ADA-compliant restrooms, and a sizable back room perfect for inventory or storage. The property also features a high-fenced yard providing ample additional storage space. Parking is abundant, with a rock parking lot accommodating 20+ vehicles, plus additional parking available in the rear yard. This property's income potential is significantly enhanced by two existing income-generating businesses: a seasonal snow cone stand and a year-round taco stand. Furthermore, the sale includes the existing billboard, providing an additional revenue stream. The Mexia Economic Development Corporation website indicates a retail trade population of 52,000, underscoring the strong market potential for this location. The building's spray foam insulation contributes to energy efficiency. This turnkey property is ready for immediate occupancy and offers a compelling combination of space, location, and existing income streams.

1309 Milam St, Mexia, Texas

Location Insight

City
Mexia
County
Limestone
State
Texas
Latitude
31.6859
Longitude
-96.4621

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
2022
$5,668
$116,920
$88,940
$205,860
-
$116,920
$88,940
$205,860

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