Description
Unlock the potential of this one-of-a-kind commercial property rich in history and opportunity. Originally built in 1934, this character-filled building showcases stunning original interior woodwork and timeless architectural details that simply cannot be replicated today. Whether you're looking to restore it into a distinctive professional office, boutique business space, or another commercial use, this property offers endless possibilities.Positioned in a prime location directly along the bus line and just an 8-minute walk from Wayland Baptist University, the visibility and accessibility make it an exceptional investment. The commercial zoning also allows for multifamily development, creating outstanding income potential with a steady demand from the nearby university and surrounding area.For investors looking to expand their footprint, the seller also owns three additional adjoining lots. Purchase multiple properties together and the seller is prepared to make a deal at $100,000 per lot, creating a rare opportunity for redevelopment or a larger commercial project.Whether you're drawn to the unmatched craftsmanship of this historic building or the incredible development potential, this is a property that deserves your attention. Opportunities like this are few and far between.
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School Ratings & Info
Description
Unlock the potential of this one-of-a-kind commercial property rich in history and opportunity. Originally built in 1934, this character-filled building showcases stunning original interior woodwork and timeless architectural details that simply cannot be replicated today. Whether you're looking to restore it into a distinctive professional office, boutique business space, or another commercial use, this property offers endless possibilities.Positioned in a prime location directly along the bus line and just an 8-minute walk from Wayland Baptist University, the visibility and accessibility make it an exceptional investment. The commercial zoning also allows for multifamily development, creating outstanding income potential with a steady demand from the nearby university and surrounding area.For investors looking to expand their footprint, the seller also owns three additional adjoining lots. Purchase multiple properties together and the seller is prepared to make a deal at $100,000 per lot, creating a rare opportunity for redevelopment or a larger commercial project.Whether you're drawn to the unmatched craftsmanship of this historic building or the incredible development potential, this is a property that deserves your attention. Opportunities like this are few and far between.
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