Quitman TX Real Estate & Commercial for Sale

Vanguard Real Estate Advisors has been exclusively retained by Ownership to offer investors and developers the opportunity to purchase an entitled 8.66+- acre multifamily site which allows for up to 207 units out of a larger 10.88+- acre parcel in Quitman, TX. The City of Quitman is strategically located in East Texas approximately 85 miles east of Dallas and 35 miles north of Tyler. The Site is ideally located within the city center of Quitman and is zoned General Business which allows for multifamily development by right and has an executed Chapter 380 Agreement in-place providing a developer an incentive payment as well as tax reimbursements. The Site offers a unique opportunity to purchase a zoned site at a price well below market in an area primed for additional residential units. Ownership also has 2.155+- acres adjacent to the Site, which is slated for hospitality development that they would potentially consider selling in conjunction with the 8.66+- acre tract.

Built in the early 1940's, this building was originally used as a school. It was known as the Oak Grove School and later became Lone Grove School. The past 45 years it has been used as a successful furniture store. There are 4 rooms and a larger auditorium area with a stage. With 6,458 sq footage of building space there is plenty of room to use as a business, warehouse, event center or maybe even as a home. Building sits on 1.61 acres, not in the city limits.

Quitman, Texas - Wood County - Renovated car wash with great frontage in a high traffic area of Quitman. Comes with laser wash, 3wash bays, 3 vacuums, vending machine and billboard sign. Recent updates includes new LED light fixtures, cleaned and repainted walls, replaced all hoses from Ginsan machine to self serve bays all in 2021, added multiple cameras from all angles, new laser wash installed with new pay station all in 2022. New signs have been ordered but not installed yet. This car wash does run off a well. Also included is 10 ACRES!! Imagine what you can do with that 10 acres: storage buildings, boat storage, duplexes, housing addition, shopping mall. The possibilities are endless!

Quitman, Texas - Wood County - Renovated car wash with great frontage in a high traffic area of Quitman. Comes with laser wash, 3 wash bays, 3 vacuums, vending machine and billboard sign. Recent updates includes new LED light fixtures, cleaned and repainted walls, replaced all hoses from Ginsan machine to self serve bays all in 2021, added multiple cameras from all angles, new laser wash installed with new pay station all in 2022. New signs have been ordered but not installed yet. This car wash does run off a well. Also included is 10 ACRES!! Imagine what you can do with that 10 acres: storage buildings, boat storage, duplexes, housing addition, shopping mall. The possibilities are endless!