Address
101 Pierce Road, Red Oak, TX
Price
$ 400,000
Property Attributes
  • MLS#20331519
  • TypeCommercial
  • CountyELLIS
  • CityRed Oak
  • NeighborhoodR Bell
  • Zip75154
  • StyleBusiness
  • Year Built2021
  • Taxes$ 3027
  • Price$ 400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size6,970 SqFt
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

***VERY MOTIVATED SELLER*** What a fantastic opportunity for a family-owned restaurant offering 776 sqft which provides a cozy and manageable space for your food service business - most any type would work. The building was built in 2021 and should comply with modern building codes and regulations. The concrete lot can be used for additional seating, outdoor dining, and of course parking for your customers & staff. Being located in the historic downtown Red Oak area adds a charming and appealing setting. Considering the versatile nature of the property, you have the opportunity to explore various food service uses. Whether you plan to open a Cafe, a Bakery, a Small Restaurant, or any other food-related establishment, this building offers potential for different concepts. Property comes fully ready to operate with all appliances, furnishings and fixtures included with sale. Do not miss this unique opportunity for a prime location in the red hot area of growth in Red Oak!

Price History
5/18/2023 Listed $995,200
11/14/2023 41% - $595,200
1/24/2024 33% - $400,000

General Features

Heating Central
Cooling Central Air
Utilities City Sewer,City Water,Electricity Connected
Ceiling Height 11 to 14 Feet
Possession Closing/Funding
Roof Composition
Year Built 2021
Tenant Pays All Utilities
Business Type Food & Beverage
Unexempt Taxes 3027
Building Use Food Service
Will Subdivide No
Gross Annual Expenses 0.00
Property SubType Business
Subdivision Name R Bell
Zoning Description Commercial
County Ellis
Property Type Commercial Sale
Construction Materials Concrete,Rock/Stone
Year Built Details Preowned
Status Active
Directions From I-35 South,take the Red Oak Rd exit and turn left. Drive approximately 2-3 miles to S. Highway 342 intersection. Turn right & property is located on right side next to Red Commercial Building.
City Red Oak
Buyer Agent Compensation 3
Street Name Pierce
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20331519
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Flooring Ceramic Tile
Total Stories 1
Total Units 1
SQFT Gross 6969
Lock Box Type Call Listing Office
Street Suffix Road

Exterior Features

Lot Size Source Assessor
Parking Features Concrete
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Lot Size Area 0.1600
Lot Size Units Acres
Building Area Total 775.00
Lot Size Square Feet 6969.6000
Lot Size Acres 0.1600

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 75154

Price
AVG $1M
$400K
Taxes
AVG $8,804
$3,027
Visits
AVG 151
191
Data Provided by Inside Real Estate®
Year Built
AVG 1986
2021
Walkscore
AVG 23
34
Data Provided by Walkscore® not using MLS data