1331 Cherry Street, Graham, Texas

$399,000

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3,924

Square feet

0.38

Acres

About 1331 Cherry Street

Exceptional investment opportunity at 1331 Cherry St. in Graham, Texas! Formerly known as Trinity Senior Living, this beautifully remodeled and updated 3,900 square foot property is offered fully furnished and thoughtfully designed with 9 bedrooms (2 of them are currently office and storage), spacious common living areas, a large kitchen, dining area, laundry room, and an inviting screened porch. The property features 3 full bathrooms, including an ADA-accessible spa-style shower room, plus 1 half bath, creating a functional layout for a variety of potential uses. The home is approximately 90 percent complete, with the primary remaining improvement being completion of the fire sprinkler system and related finish work. Currently fully staffed, this property presents an outstanding opportunity for an entrepreneur, investor, or operator seeking to complete and customize the final phase for their intended use. The flexible floor plan lends itself to a variety of possibilities, including a residential senior living concept (subject to licensing, zoning, and governmental approvals), corporate housing, a boutique hospitality venture, or other residential investment opportunities. Conveniently located in Graham, the property also offers easy access to some of North Texas’ premier outdoor destinations, including Possum Kingdom Lake (approximately 30 minutes to both the east and west sides), Graham Lake, and Hubbard Creek Lake in nearby Breckenridge, making it an attractive option for those exploring boutique lodging or vacation rental possibilities where permitted. Whether you’re looking to establish a residential care business, create a unique hospitality experience, or invest in a versatile commercial property, 1331 Cherry St. offers an exceptional foundation with tremendous upside.

Features of 1331 Cherry Street

MLS® # 21337696
Price $399,000
Square Footage 3,924
Acres 0.38
Year Built 1950
Type Commercial Sale
Sub-Type Business
Status Active

Community Information

Address 1331 Cherry Street
Subdivision South Park
City Graham
County Young
State Texas
Zip Code 76450-4232

Amenities

Utilities City Sewer, City Water, Electricity Available, Electricity Connected
Garages Additional Parking, Circular Driveway, Concrete, Driveway
Is Waterfront No
Pool On Property No

Interior

Heating Central, Electric
Fireplace No
# of Stories 1
Stories 1

Exterior

Lot Features Corner Lot
Roof Composition, Shingle
Construction Brick, Concrete
Foundation Slab

Additional Information

Flooring Luxury Vinyl Plank, Tile
$/LivSqFt $102
Building Sqft 3,924
# Units 9
Building Use Office, Other
Commercial Features Office, Other
Zoning Real Commercial
Short Sale No
RE / Bank Owned No

Listing Details

AgentTrenton Mooney
OfficesimpliHom

Listing Map

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