UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $196
Subdivision Rockdale
MLS Listing ID 7524843
Year Built 1960
Annual Tax Amount $7,338
Tax Year 2023
Lot Size 0.600 Acres
Acres 0.6
Property Sub-Type Business
Source actris
Property Description
The focal point is a spacious 2,600 square foot building formally a very popular family owned restaurant awaiting rehabilitation or a fresh start, making is an ideal canvas for redevelopment projects. This property presents an exciting opportunity for investors or developers to make their mark in this vibrant community. Whether renovating the existing structure or embarking on a new construction venture, this corner lost promises endless possibilities for growth and innovation. With its strategic location and generous size, this property presents a promising investment prospect in a thriving and growing community. Rockdale is expected to experience a high volume of housing development activity.
Housing demand is being driven by a combination of business growth from Austin market and large employer announcements in the proximate region, i.e the new Samsung plant in Taylor, 32 miles away as well as SLR only 10 minutes away! This increased housing demand will increase the demand for more commercial development.
Location
State TX
County Milam
Area Mc
Interior
Heating Central, Electric
Cooling Central Air
Flooring Tile
Fireplace N
Exterior
Utilities Available Natural Gas Available, Phone Available, Sewer Connected, Water Connected
Accessibility Accessible Approach with Ramp
Total Parking Spaces 20
Building
Sewer Public Sewer
Water Public
Structure Type Cement Siding
New Construction No
Others
Restrictions City Restrictions
Acceptable Financing Cash, Conventional, SBA
Tax Rate 2.56
Listing Terms Cash, Conventional, SBA
Special Listing Condition Standard