Mineral Wells, TX 76067,401 W Hubbard ST
Mineral Wells, TX 76067,401 W Hubbard ST
Mineral Wells, TX 76067,401 W Hubbard ST
40
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$450,000
Est. payment /mo
5,738 SqFt
Active Under Contract

401 W Hubbard ST Mineral Wells, TX 76067

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Ryan Smith

Ryan Smith

HOMESTEAD AND RANCH REAL ESTATE

+1(512) 466-1460

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 5,738 sqft

Price per Sqft $78

Subdivision Lynch

MLS Listing ID 20952930

HOA Y/N No

Year Built 1965

Annual Tax Amount $10,865

Lot Size 0.344 Acres

Acres 0.344

Property Sub-Type Office

Property Description

Investment Opportunity in Downtown Mineral Wells. This fully leased, income-producing building features 6 individual units, making it an ideal opportunity for investors seeking reliable cash flow. Currently home to a diverse mix of tenants including a beauty salon, insurance agency, law firm, and healthcare company, the property offers a multitude of potential uses—perfect for office, retail, or professional services.

Located in the heart of downtown Mineral Wells, the building enjoys excellent visibility and accessibility, just steps from the fire department, police station, and downtown shopping and dining.

Tenants and customers alike will appreciate the 12 dedicated parking spaces, a valuable amenity in the downtown area.

Annual Average Daily Traffic Count for this area is 7,270 with a 4% annual growth. Information provided from TXDOT.

Unit 401 has 6 offices, a kitchen, 3 bathrooms, a conference room and 2 storage rooms.

Location

State TX

County Palo Pinto

Community Curbs

Zoning Commercial

Direction US Hwy 180 west (cross over US Hwy 281) to 401 W. Hubbard St. (US Hwy 180). Property is on the south side of US Hwy 180.

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Carpet

Inclusions Land & Improvements

Fireplace No

Exterior

Parking Features Concrete, Off Street, Parking Lot, Unassigned

Community Features Curbs

Utilities Available Cable Available, Electricity Connected, Sewer Available, Water Available

Water Access Desc Public

Roof Type Other

Accessibility Accessible Approach with Ramp

Road Frontage Highway

Building

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 20094

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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+1(512) 466-1460

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401 W Hubbard ST