416 Campbell AveLoraine, TX 79532

Property Details for 416 Campbell Ave

Lot size

1.29 AC

Property size (Sq ft)

14,882 SF

Property type

Commercial real estate

APN

02030-00021-00009-000000

APU

9223372036854775807

Description

This exceptional 1.29-acre commercial property located at 416 W Campbell in Loraine, TX, presents a unique investment opportunity. Previously utilized as a nursing home, the building offers significant versatility and substantial square footage spread across two distinct wings. Each wing features multiple rooms, providing ample space for a variety of uses. Imagine transforming this property into a thriving Airbnb, a collection of individual office spaces, secure storage units, or even a captivating event center. The possibilities are truly limitless. The property boasts a large, well-equipped kitchen, perfect for catering events or supporting multiple tenants. A separate laundry room is conveniently located behind the main building. The expansive lot extends a full city block, providing extensive parking for tenants or guests. The seller is highly motivated, making this an exceptional opportunity for a discerning investor to acquire a substantial property at an attractive price point of $45,000. The property's size and location offer significant potential for future appreciation and diverse income streams. Don't miss this chance to capitalize on this remarkable investment opportunity in Loraine, Texas. The property is being sold "as is."

• Alternative Use

  Use

  Valuation

  Residential

  $2,527,170

  Hospitality

  $2,314,874

  Educational

  $1,925,948

  Medical

  $1,992,184

  Retail

  $2,995,919

Location Insight

City

Loraine

County

Mitchell

State

Texas

Latitude

32.4072

Longitude

-100.717

Property Tax & Assessments

FAQs

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