Homes for sale - 331 Old Mill Road, Rhome, TX 76078

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$645,000

Est. payment - /mo

10,585 Sqft Lot

Price Dropped by $100K

331 Old Mill Road Rhome, TX 76078

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Greg Potts

greg@gsrealtyteam.com +1(817) 694-1339

UPDATED:

12/04/2024 08:08 PM

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Subdivision Original Town Rhome

MLS Listing ID 20507809

Total Fin. Sqft 4139

Annual Tax Amount $5,335

Lot Size 10,585 Sqft

Acres 0.243

Property Description

INCREDIBLE COMMERCIAL OPPORTUNITY IN EXPLODING GROWTH AREA! Texas's first Gristmill that dates back to the 1800's. Property is approval for Commercial Light Industrial. Half of the Gristmill was previously used as a Contemporary Residence. This industrial building is perfect for any business operation, with plenty of space for manufacturing, storage, or distribution. This could be a mercantile with two main level bathrooms and front reception area! One side could be a coffee shop with live music, upstairs can be flex space for events, or office. The whole property would be a great venue, given some clearing in the back for more parking or a stage. Approximately 2mi from Rolling V Ranch, a 3600ac master plan of 10,000 homes. 114 and Hwy. 287 and Incredible development opportunity in a prime location with many commercial and industrial businesses moving to the area. Seller is open to lease the property for the right terms. Located 29 miles from DFW and 26 miles from Downtown Fort Worth.

Location

State TX

County Wise

Zoning Once was zoned for residential and commercial. Now it's only zoned commercial.

Direction From 114 to US 81 service road and go Right on Main, right on Logan and left on Old Mill, property is on the right.

Interior

Heating Other

Cooling Ceiling Fan(s), Central Air, Other

Flooring Concrete, Laminate

Heat Source Other

Exterior

Utilities Available City Sewer, City Water, Overhead Utilities

Roof Type Metal

Garage No

Building

Lot Description Few Trees, Level, Varied

Foundation Slab

Structure Type Metal Siding,Steel Siding

Others

Ownership Individuals

Acceptable Financing 1031 Exchange, Cash, Conventional, Owner Will Carry

Listing Terms 1031 Exchange, Cash, Conventional, Owner Will Carry

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Kate Hogan • Keller Williams Heritage West

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Greg Potts

Team Lead | License ID: 0630017

+1(817) 694-1339

331 Old Mill Road Rhome, TX 76078

Greg Potts

Key Details

Location

Interior

Exterior

Building

Others

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331 Old Mill Road