500 E Main Street Decatur, TX $ 320,000
500 E Main Street
$ 320,000
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500 E Main Street

Decatur, TX, 76234
$ 320,000
Baths0.0

Monthly Estimate*

$ 2,235

500 E Main Street, Decatur, TX 76234 - Image 1
Studio

Commercial Property for sale in Decatur, TX

for $320,000. This building was built in 2008 on a lot size of 1.033.

Here is a commercial income opportunity located in Decatur, Tx. This property is just over 1 acre that has three sides of road frontage on E Main, Stratton, and E Pecan. Currently Grandfathered in as trailer park but zoning has been changed to C2. Must ask city for new zoning requirements and information. It currently has 7 mobile homes that are renting the space monthly and pay for their own utilities. Six of the mobile homes are owned by the individual tenants. There is only one mobile home that is owned by the property owner and it will be conveyed with the sale. Decatur is the county seat of Wise County, Texas, United States. Its population was 6,738 in 2021 and has been growing ever since. There are multiple parks and wonderful downtown places to have coffee or enjoy some amazing local food. Major highways in the area are US380, US287, FM 51 and FM730.

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Commercial Active

Price

$ 320,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,351

Style

Business

Lot Size

1.033

Year Built

2008

Town/City

Decatur

County/Region

Wise

MLS | Web ID

20589114

Features
General
Heating None
Cooling None
Utilities City Sewer City Water Electricity Available Overhead Utilities Phone Available
Ceiling Height Other
Possession Closing/Funding
Roof Shingle
Exclusions 6 of the mobile homes not owned by the seller.
Year Built 2008
Business Type Mobile/Trailer Park
Property SubType Business
Subdivision Name Dc & Eo Cates
County Wise
Property Type Commercial Sale
Construction Materials See Remarks
Year Built Details Preowned
Status Active
Directions Located on the east side of the Courthouse - Has frontage on E Main Street Stratton Street and E Pecan. Please refer to aerial or contact the agent directly.
City Decatur
Buyer Agent Compensation 3
Street Name Main
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Lot Features Acreage
Lot Size Source Public Records
Parking Features Other
Lot Size 1 to < 3 Acres
Foundation None
Building Area Total 9.00
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Interior
Flooring None
Total Stories 1
Total Units 7
Street Suffix Street
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Internal Only
Street Number 1 500
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* Excluded Features
List By
Melaina Middleton

Listing Agent

Texas Landmark Realtors

Broker

Affordability Calculator

$2,515
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,235
Monthly Property Taxes
$279
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
Date Price Price Change Description
4/16/2024 $320,000 Listed Price

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500 E Main Street, Decatur, TX, 76234 is a Commercial Property for sale at $320,000 with a lot size of 1.033. 500 E Main Street is a studio with 0.0 baths and was built in 2008. The property's zip code is 76234 which is in Decatur, TX