104 E College Street, Stephenville, TX 76401
sale
$599,000
|
Business
Courtesy Of Keller Williams Heritage West, Listed By Sam Byrd
Downtown Stephenville s best corner! This is the Historic Gentry & Shelton Building built in 1873, the oldest surviving building on the square. The area is booming with new development and this one sits miles ahead because it s truly build-ready. Full sealed architectural including MEPS's are complete. The entire design is already approved by the THC making it eligible for 45% in combined tax credits. That review work is costly and time-consuming and it s already done. Literally next door the adjoining building is currently being updated to become retail space and next to it a boutique hotel being built! The building has 2 levels plus the old county-jail basement. Zoning is B4 private club, can shift to DT. Inventory on the square is tight and nothing else comes with this level of prep. A rare shot at a project with major value unlocked.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Exterior Type: Stone
- Floor Covering: Wood
- Floor Covering: Concrete
- Heating System: None (Heating)
- Legal Description: ACRES: 0.068 S2600 CITY ADDITION; BLOCK 2; LO
- MLSID: 21118139
- Roof Type: Flat
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