401 W Hubbard Street new Save Request In-Person Tour Request Virtual Tour
Mineral Wells,TX 76067
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Subdivision Lynch
MLS Listing ID 20952930
Total Fin. Sqft 5738
Year Built 1965
Annual Tax Amount $10,865
Lot Size 0.344 Acres
Acres 0.344
Property Sub-Type Office
Property Description
Investment Opportunity in Downtown Mineral Wells. This fully leased, income-producing building features 6 individual units, making it an ideal opportunity for investors seeking reliable cash flow. Currently home to a diverse mix of tenants including a beauty salon, insurance agency, law firm, and healthcare company, the property offers a multitude of potential uses—perfect for office, retail, or professional services.
Located in the heart of downtown Mineral Wells, the building enjoys excellent visibility and accessibility, just steps from the fire department, police station, and downtown shopping and dining.
Tenants and customers alike will appreciate the 12 dedicated parking spaces, a valuable amenity in the downtown area.
Annual Average Daily Traffic Count for this area is 7,270 with a 4% annual growth. Information provided from TXDOT.
Unit 401 has 6 offices, a kitchen, 3 bathrooms, a conference room and 2 storage rooms.
Location
State TX
County Palo Pinto
Zoning Commercial
Direction US Hwy 180 west (cross over US Hwy 281) to 401 W. Hubbard St. (US Hwy 180). Property is on the south side of US Hwy 180.
Interior
Heating Central,Electric
Cooling Central Air,Electric
Flooring Carpet
Heat Source Central,Electric
Exterior
Utilities Available Cable Available,City Sewer,City Water,Concrete,Curbs,Electricity Connected
Roof Type Other
Garage No
Building
Foundation Slab
Structure Type Brick,Frame
Others
Ownership WESCO
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20952930