929 N Main, Lumberton, TX 77657
sale
$1,906,250
|
Other
Courtesy Of Double H Property Management
11± Acres | Multiple Income Streams + Fully Entitled Senior Living Development Opportunity | State Hwy 96. An exceptional opportunity to acquire a high-visibility 11± acre commercial property on State Highway 96, offering immediate income opportunity and significant upside through a fully entitled senior living development plan. Existing Income-Producing Assets on 1.43 acres with 2 culvert entrances. This property includes three established revenue streams, providing cash flow while future development plans are executed: Furnished Short-Term Rental (STR) turnkey, income-producing lodging, Office/Warehouse Building ideal for owner-user, leasing, or operational support during development Billboard Sign Income additional passive revenue with strong highway exposure. Beyond the existing income, the site includes a fully entitled commercial development tract (10.442/ac) originally planned for a luxury senior assisted living community, with a 3-story, 59,504 SF bldg. Broker is Owner
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Property Features
- Architecture Style: Other
- Exterior Type: Brick Veneer
- Exterior Type: Brick
- Exterior Type: Steel Siding
- Floor Covering: Vinyl
- Floor Covering: Concrete
- Floors: 1
- Heating System: Electric (Heating)
- Heating System: Central
- Legal Description: See Exhibits A, B, and C 929/941 N Main on 1.4343 acres and adjoining 10.442 acres for a total of 11.8763 acres (+/-)
- MLSID: 263876
- Roof Type: Composition
- Roof Type: Shingle
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