126 W Commerce Street Wills Point, TX $ 325,000
126 W Commerce Street
$ 325,000
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126 W Commerce Street

Wills Point, TX, 75169
$ 325,000
Baths0.0

Monthly Estimate*

$ 2,270

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Studio

Commercial Property for sale in Wills Point, TX

for $325,000. This building was built in 1926 on a lot size of 0.132.

Historical Wills Point Landmark- Step back in time to the good old days - when going to the show was a special treat! The Majestic Theater on the brick streets of downtown is a one of a kind venue!Perfect for dinner theater, but the possibilities are endless! Upstairs balcony has a small seating area with the projection booth and attic storage. Downstairs is the office, ticket booth, concession area with storage, 2 bathrooms, entry hallway and of course the main theater area with stage. There is also a back office with a separate outside entrance on 5th Street. Alley way on the back portion, frontage on 5th Street and WN Commerce Street. Wills Point ISD. Owned by the Lybrand family since 1926, when Mr Lybrand played the trumpet and Mrs. Lybrand played the piano for silent movies. They passed to their son Karl, who ran the show for many years.His son Karl operated until closing.The doors closed in 2010.The longest running,single screen,family owned theater in the southwest region.

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Commercial Active

Price

$ 325,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,682

Style

Business

Lot Size

0.132

Year Built

1926

Town/City

Wills Point

County/Region

Van Zandt

MLS | Web ID

20294575

Features
General
Heating Central
Cooling Central Air
Utilities City Sewer
Ceiling Height Other
Possession Negotiable
Roof Tar/Gravel
Year Built 1926
Business Type Other
Property SubType Business
Subdivision Name Original
County Van Zandt
Property Type Commercial Sale
Construction Materials Brick
Year Built Details Preowned
Status Active
Directions From Hwy 80 in Wills Point turn North on 5th Street go across the RR tracks turn right Majestic Theater on the left.
City Wills Point
Buyer Agent Compensation 3
Street Name Commerce
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Lot Features Corner Lot
Lot Size Source Assessor
Parking Features On Street
Lot Size Less Than .5 Acre (not Zero)
Foundation Pillar/Post/Pier
Building Area Total 5750.00
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Interior
Flooring Carpet
Total Stories 2
Total Units 1
Street Suffix Street
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Internal Only
Street Number 1 126
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* Excluded Features
List By
Sherry Scott Moore

Listing Agent

Century 21 Nexgen Realty

Broker

Affordability Calculator

$2,577
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,270
Monthly Property Taxes
$307
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/2/2024$325,000 -7.14% Price Down
6/24/2023$350,000 -6.67% Price Down
4/11/2023$375,000 Listed Price

Map


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126 W Commerce Street, Wills Point, TX, 75169 is a Commercial Property for sale at $325,000 with a lot size of 0.132. 126 W Commerce Street is a studio with 0.0 baths and was built in 1926. The property's zip code is 75169 which is in Wills Point, TX