1907 West Oak Street Palestine, TX $ 525,000
1907 West Oak Street
$ 525,000
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1907 West Oak Street

Palestine, TX, 75801
$ 525,000
Baths0.0

Monthly Estimate*

$ 3,489

1907 West Oak Street, Palestine, TX 75801 - Image 1
1907 West Oak Street, Palestine, TX 75801 - Image 2
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Studio

Commercial Property for sale in Palestine, TX

for $525,000. This building was built in 1950 on a lot size of 0.41.

Fully operational restaurant for sale in Palestine. Perfect opportunity to take over the existing business or bring a new concept to Palestine. The sale will include all furniture, fixtures, and equipment. Located along a major thoroughfare in Palestine, TX. The property features a drive-thru, interior & exterior dinning, and a grease trap. Currently occupied by a fully operating business. All utilities available. Traffic Counts: 11,163 (2022).

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Commercial Active

Price

$ 525,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Retail

Lot Size

0.41

Year Built

1950

Town/City

Palestine

County/Region

Anderson

MLS | Web ID

20617067

Features
General
Heating Central Electric
Cooling Central Air Electric
Utilities City Sewer City Water Electricity Connected
Ceiling Height 8 to10 Feet
Possession Closing/Funding
Roof Composition Flat
Year Built 1950
Business Type Restaurant
Property SubType Retail
Subdivision Name NA
County Anderson
Property Type Commercial Sale
Construction Materials Brick Wood
Year Built Details Preowned
Status Active
Directions From the intersection of Loop 256 and HWY 79 head East on West Oak Street for approx. .4 miles and the property will be located on the left.
City Palestine
Buyer Agent Compensation 3
Street Name West Oak
Standard Status Active
Buyer Agent Compensation Type %
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Interior
Flooring Wood
Total Stories 1
Total Units 1
Street Suffix Street
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Exterior
Lot Size Source Public Records
Parking Features Concrete Off Street On Site Parking Lot
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Building Area Total 1506.00
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Internal Only
Street Number 1 1907
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* Excluded Features
List By
Matthew Marshall

Listing Agent

Drake Real Estate & Investment

Broker

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$3,489
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,489
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% 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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Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/14/2024$525,000 Listed Price

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1907 West Oak Street, Palestine, TX, 75801 is a Commercial Property for sale at $525,000 with a lot size of 0.41. 1907 West Oak Street is a studio with 0.0 baths and was built in 1950. The property's zip code is 75801 which is in Palestine, TX