Gunter, TX 75058,515 N Preston Road

$425,000

Est. payment /mo
Est.Price: ?

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515 N Preston Road Gunter, TX 75058

9,365 Sqft Lot

SOLD DATE : 04/05/2023

Key Details

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

Subdivision Otp Gunter

MLS Listing ID 20245500

Sold Date 04/05/23

Total Fin. Sqft 6040

Year Built 2017

Annual Tax Amount $4,264

Lot Size 9,365 Sqft

Acres 0.215

Property Description

Now is your chance! Follow the Yellow Brick Road, also known as Preston Rd. The growth in this area is already happening and the expectations are that it will explode with the proposed expansion of DNT as well as the proposed Gunter Relief Route. This area is booming! The property is currently leased but could be converted into a donut shop, fast food restaurant, retail, dry cleaning, or similar business at a later date. That will give the new owner a combined total road frontage of 147 feet on Preston Road.

Location

State TX

County Grayson

Zoning Commercial

Direction From Hwy 380: Go north on Hwy 289. Pass Prosper and Celina. The property will be on your left as you enter Gunter, TX and is located immediately south of the Exxon gas station. Look for Gunter Brew House sign

Interior

Heating Central

Cooling Central Air

Flooring Concrete

Heat Source Central

Exterior

Utilities Available City Sewer, City Water, Electricity Connected

Roof Type Metal

Garage No

Building

Foundation Slab

Structure Type Aluminum Siding

Others

Ownership Far East Partners, Inc

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Financing Cash

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Lori Woodworth • Hello Texas Realty
Bought with Stacy Long-DeLaCruz • RE/MAX Dallas Suburbs

Brian Haile

Broker Associate | License ID: 0648651

+1(254) 485-1827

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