101 W Pearl St, Granbury, TX, TX 76048

$1,950,000

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List Price
$1,950,000
MLS#
21364655
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1890
Construction Status
Preowned
Acres
0.08
County
Hood
City
Granbury
Subdivision
Original Town

Property Description

Located on Historic Granbury Square, this prominent corner property offers a mixed-use opportunity with retail, short-term rental and potential investment income. Positioned in the heart of Granbury's historic district, the building features high visibility, a corner location, dedicated parking and close proximity to the shops, restaurants and attractions surrounding the Square. The first floor is currently configured for retail use and provides an established commercial presence. The upper level features a 3-bedroom residential space currently utilized as a short-term rental. The combination of commercial and residential uses provides multiple potential income streams within one property. The historic brick building features distinctive architectural details, large windows, and a prominent presence along the streetscape. Its corner location provides visibility from multiple directions and places the property within one of Granbury's most recognized commercial and historic areas. Opportunities to acquire mixed-use property on Historic Granbury Square are limited due to the established nature of the district and limited inventory of commercial buildings in this location. The property may appeal to investors or owner-operators seeking a combination of retail space, residential accommodations, and potential income-producing uses. Whether maintained in its current configuration or considered for future use subject to applicable regulations and approvals, this property offers a location and layout suitable for a variety of commercial and investment opportunities. Information regarding current uses, income, and property features should be independently verified by the buyer.

Additional Information

Unexempt Taxes
$13,728
Tenant Pays
AllUtilities
Lot Size
3,267
Acres
0.08
Lot Description
Corner Lot, Historic District
Flooring
Wood
Foundation
Pillar/Post/Pier
Roof
Other
Building Stories
2
Parking Garage
Additional Parking, Paved, Parking Lot
Possession
CloseOfEscrow, ClosePlus60To90Days, Negotiable
Proposed Use
Hotel/Motel, Retail
Inclusions
Building Only
Community Features
Curbs, Sidewalks

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Paula McDonald from Beam & Branch Realty, PLLC. Contact: (936) 203-0279

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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