About 1500 S Oak Avenue
Located at 1500 S Oak Ave, in Mineral Wells, this versatile commercial property features two separate units under one roof, offering an excellent opportunity for investors or owner-operators. The building includes two independent entrances, allowing each space to operate separately. Both units are equipped with their own restroom and kitchenette, making them ideal for small retail, office, service businesses, or studio use. One side of the property is currently leased to a long-term tenant, providing immediate income. The second unit has been recently remodeled and is move-in ready, giving a new owner the flexibility to lease it for additional cash flow or occupy the space. The layout makes this property ideal for dual tenants, live-work concepts, professional services, or small retail operations. Property Highlights: * Two commercial units under one roof * Separate entrances for each unit * Each unit includes bathroom and kitchenette * One long-term tenant in place * Second unit remodeled and ready for lease * Flexible commercial use potential Located on busy 281 street in Mineral Wells, TX with approximately 5,000 vehicles per day in traffic exposure Perfect for investors seeking stable income with upside potential or an owner-operator who wants to occupy one side while collecting rent from the other. Do not disturb tenants ! showing by appointment only.
Features of 1500 S Oak Avenue
| MLS® # | 21348184 |
|---|---|
| Price | $210,000 |
| Square Footage | 2,700 |
| Acres | 0.44 |
| Year Built | 1964 |
| Type | Commercial Sale |
| Sub-Type | Retail |
| Status | Active |
Community Information
| Address | 1500 S Oak Avenue |
|---|---|
| Subdivision | G#L0500 01 00260 010 00 0 |
| City | Mineral Wells |
| County | Palo Pinto |
| State | Texas |
| Zip Code | 76067 |
Amenities
| Utilities | City Sewer, City Water, Electricity Connected |
|---|---|
| Garages | Additional Parking |
| Is Waterfront | No |
| Pool On Property | No |
Interior
| Heating | Central |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
| Stories | 1 |
Exterior
| Roof | Asphalt |
|---|---|
| Construction | Frame, Siding, Wood |
| Foundation | Slab |
Additional Information
| Flooring | Concrete |
|---|---|
| $/LivSqFt | $78 |
| Net Income | $22,300 |
| Building Sqft | 2,700 |
| # Units | 2 |
| Building Use | Food Service, Retail |
| Commercial Features | Food Service, Retail |
| Zoning | find out with city |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Naor Biringer |
|---|---|
| Office | Independent Realty |
| Contact Info | 214-551-6282 |