Groves TX Real Estate & Commercial for Sale

Investment property in good condition on Hwy 73 with long term Tenant in Baker Distribution Company. The Landlord is responsible for roof and structural maintenance as well as property insurance and remaining taxes after Tenant contributes $3,000. The Tenant is responsible for maintenance. Current lease includes annual 3% bumps in rent. Baker Distributing is a Watsco Business Unit. Watsco, Inc. is the largest distributor of Air Conditioning, Heating and Refrigeration equipment and related parts and supplies in the HVAC/R distribution industry.

5 unit apartments located in a great area! Each apartment has 660 sq. ft., 1 bedroom, 1 bathroom, living/dining, & small kitchen. Each bedroom & bathroom have built-ins that allow so much room for storage. 4 units have wood-look tile flooring. All include washer, dryer, &refrigerator. One unit has been totally updated.

Medical or multi use office space conveniently located near Hwy 73. The property has been well maintained and features wood plank tile flooring and private office with carpet. Parking is available in both the front and rear of the building.

Location, Location, Location! The key to a successful investment often lies in the location. This commercial building, located in the heart of Groves, presents a tremendous opportunity for anyone seeking a valuable property investment. With its versatile layout, this building offers multiple options for commercial use.