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About This Home

This 0-bedroom, 0-bathroom commercial at 1907 W Oak Street in Palestine, TX is listed for $350,000. Built in 1950, on a 0.41 acres lot.

Agent Description

Prime Investment Opportunity – Established Restaurant & Versatile Commercial Space!

This property is an ideal investment for entrepreneurs or investors seeking an income-producing asset. The property offers a rare opportunity for either owner-occupancy or use as a rental income generator. The front of the building features a warm and inviting atmosphere, with a spacious dining area perfect for guests to relax and enjoy. Palestine is a booming North- East Texas town with load of potential with 2025 Population of 19,907 people and this location has TX Dot Traffic Annual Count: 11,525. The fully-equipped commercial kitchen includes stainless steel appliances, ample prep space, ice machine, and storage — ready for immediate use. Whether you want to expand within the restaurant industry, convert it into an event venue, retail shop, or explore other hospitality concepts, this property is full of potential. With its prime location the opportunity is one you won’t want to miss this! Buyer to verify all information within and functionality of any equipment.

Key Features

  • Built in 1950
  • 0.41 acre lot

Property Details

1950

Monthly Cost Estimate

$1,872/mo

20% down · 6.5% · 30 years

Principal$253
Interest$1,517
Insurance$102

Estimates only. Actual payments may vary.

Location

1907 W Oak Street

Palestine, TX 75801

Joseph Jordan League

Property Details

Flooring

Vinyl

Construction

BlockConcrete

Parking

Covered

Heating

CentralElectric (Heating)

Cooling

Central AirElectric

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1907 W Oak Street is listed at $350,000. The estimated monthly payment is $1,517 based on 20% down at 6.5% interest.

Key features include: Built in 1950, 0.41 acre lot.

This property is listed by Delanee Clark and can be reached at 9723969100 or delanee@rmlandmark.com.

DC

Delanee Clark

Agent at RE/MAX Landmark

(972) 396-9100

Listed by RE/MAX Landmark · View on Broker Site

MLS# 20915906· Source: listhub· Updated today

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1907 W Oak Street, Palestine, TX 75801

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