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2603 West Oak, Palestine, TX 75801
$399,500 Sale Pending
2603 West Oak, Palestine, TX 75801View this property at 2603 West Oak, Palestine, TX 75801
2603 West OakPalestineTX75801
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Property Description
Calling all investors looking for commercial rental property in Palestine on a busy area and street. The Smoke Shop is located on 2603 W. Oak and is leased for another year and a half. Current rent is $1525.00 going to $1600.00 in September. The house beside, 101 7th St. is a 2 bedroom, 1 bath house with an open concept kitchen/living area and utility room. A renter is moving in February 15 for a one year lease at $900.00 per month. The house/office located on 103 7th St. is leased on a month to month basis for $683.00 per month. The large lot extends to the second fence behind the Smoke Shop. Total rental income is $3,108.00 per month. These three properties are a package deal; seller will not separate. Seller does not want to disturb tenants, so there will be no showings until seller has a signed contract. Don t wait for this great opportunity!
Full Property Details
Full Property Details for 2603 West Oak
General
- Price: $399,500
- Status: Pending
- Type: Commercial
- MLS ID: 24001615
- Updated: 4/11/2024
- Added to Site: 87 day(s) ago
Location
- County: Anderson
- Driving Directions: Hwy. 155 to Palestine, take a right on Palestine Street that turns into West Oak. The Smoke Shop will be on your right. Just before the smoke shop are the two houses that sit on Seventh Street.
Structural Information
- Exterior Const.: Other/See Remarks
- Year Built: 2002
- Year Built Source: ACAD
Lot Features
- Lot Dimensions: .1722
- Potential Use: Office Building(s), Retail, Office, Other/See Remarks
- Zoning: Single Family, Commercial
Listed by RE/MAX Tyler, Paula Crouch
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Schools
Schools serving 2603 West Oak
School District:Westwood Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
2305 Salt Works Rd, Palestine, TX 75803 | 3-6 | 1.4 mi | |
Westwood Primary School
1701 W Point Tap Rd, Palestine, TX 75803 | PK-2 | 1.7 mi | |
1801 Panther Blvd, Palestine, TX 75803 | 7-8 | 1.7 mi | |
1820 Panther Blvd, Palestine, TX 75803 | 9-12 | 1.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2603 West Oak
Date
Details
Price
Change
Source
2/06/2024
Listed
$399,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2603 West Oak
Year
Property Taxes
Change
Tax Assessment
Change
2022
$4,096
—
$204,258
26%
2022
$4,096
100%
$162,448
—
2021
—
$162,448
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2603 West Oak
2603 West Oak, Palestine, TX 75801 (MLS# 24001615) is a Commercial property. 2603 West Oak is currently listed for $399,500 and was received on February 06, 2024. Want to learn more about 2603 West Oak? Do you have questions about finding other Commercial real estate for sale in Palestine? You can browse all Palestine real estate or contact a Coldwell Banker agent to request more information.