309 N Fm 2353

Possum Kingdom Lake, TX 76449

INVESTORS! Fully leased multi-use commercial property in the heart of PK's East side commercial business district, close to restaurants, the Chamber of Commerce, and many other businesses. This property offers four units currently occupied by various types of businesses plus a residential apartment. In addition, there is a large garage-shop that is unoccupied, extra storage building, lease income from an overhead billboard, and three RV spots. Current owners have done many repairs and upgrades to the building over the past three years, and also added a drive to provide access from Airport Rd behind the property. All units have been successfully leased since 2021 and most units are leased through 2024. The billboard lease agreement is renewed for several years. This property provides a good opportunity for future growth and steady rental income. One acre beside this property (behind Brazos Title building) also available in separate listing; the two properties can be purchased together.

Listing courtesy of Jo Lynn Miller of Lake Homes Realty, LLC 866-525-3466



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Data Last Updated: 2024-05-16 01:50 PM CDT