$875,000
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7503 FM 1488 Magnolia, TX 77354
4,764 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 4,764 sqft
Price per Sqft $136
MLS Listing ID 23009010
Sold Date 12/15/23
HOA Y/N No
Year Built 2007
Lot Size 0.459 Acres
Property Sub-Type Retail
Property Description
Great investment opportunity and business exposure as this property sits on heavily trafficked FM 1488 in Magnolia, TX. Magnolia/FM 1488 is one of the fastest growing areas and named one of the 10 hottest communities in the Houston area according to HAR. The property sits on .46 acres right across from HEB, and near shopping, restaurants, entertainment, and more. The property consists of a 2,364 square foot metal building, separated into two spaces to office or invest, along with a 2,400 square foot warehouse with electricity, two bay doors, and a 1/2 bath for your business storage needs or to rent out, totaling to 4,764 sqft of rentable area. The building has tile floors, 2 new HVAC units, electric heating and cooling, and aerobic septic. Each office space has it's own bathroom and break room/storage area, as well as one side consisting of a shower and laundry connections. Both spaces are currently leased, please call listing agent for rental rates and lease expirations. There is a possible space opening for a user, call agent for more information. This is an amazing opportunity for investors and business owners, schedule your showing today!
Location
State TX
County Montgomery
Area Other
Direction Head South on Hwy 6, continue on Hwy 6 South and take Exit to HS-105 and turn Left onto 105. Go about 6 miles and keep left onto SH-249 S. After 19 miles take the exit and turn Left onto FM-1488. Go about 8 miles and the property will be on your right.
Interior
Flooring Tile
Exterior
Roof Type Metal
Present Use Retail
Building
Structure Type Metal Siding
Others
Tax ID 180734
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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