3005 E Hwy 190, Lampasas TX 76550

Investment Overview

PROPERTY OVERVIEW:

Calling all investors and entrepreneurs looking for a property with endless possibilities? Look no further than this 10-acre commercial property with Highway 190 frontage! The 14,400 Sqft building is currently home to an active tire shop and mechanic business - but the sky's the limit as to what you could do with this space. There are no restrictions in place, so you could use it for whatever you like - retail, office space, storage – the options are endless! The building is located just outside the city limits, you'll enjoy lower taxes and utility rates. Also, the equipment and other assets are included in the value to the next buyer/operator (business and cash flow included). This is a rare opportunity to own a truly versatile piece of property. Don't miss your chance - call today!

OFFERING SUMMARY:

PRICE: $ 1,836,000

LOT SIZE: 10-acre tract

MARKET: Lampasas/Copperas Cove/Killeen

ZONING: Current unrestricted

PROPERTY DESCRIPTION:

The property is 14,400 Sqft with 6 bay doors and a 10-acre tract. There are a lot of amenities near the Lampasas Auto Shop. The Killeen Municipal Airport is a 36 min drive away. The building was built in 2011 and only has had one owner. The only items that don’t convey with the sale are the following: back-office furniture and personal tools.

Highlights

• Building in Shell Condition

• Retail

• Auto Repair Shop

• 14,400 Sqft

• 10-acre tract

• 21 parking spaces

• Frontage 284 Ft on East US Highway 190

• Zoning Unrestricted area

• High Road traffic area over 13,000 vehicles pass the retail shop yearly.

• Only has been one owner of the business for over 13 years.

• 50 X 100 inside bay cover

• Kempner Water

• Low Tax Rate 1.53

• Equipment and other assets included at a high value to the next buyer/operator