1331 Cherry Street Graham, TX 76450
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision South Park
MLS Listing ID 21337696
Total Fin. Sqft 3924
Year Built 1950
Annual Tax Amount $8,695
Lot Size 0.378 Acres
Acres 0.378
Property Sub-Type Business
Property Description
The property features 3 full bathrooms, including an ADA-accessible spa-style shower room, plus 1 half bath, creating a functional layout for a variety of potential uses. The home is approximately 90 percent complete, with the primary remaining improvement being completion of the fire sprinkler system and related finish work.
Currently fully staffed, this property presents an outstanding opportunity for an entrepreneur, investor, or operator seeking to complete and customize the final phase for their intended use. The flexible floor plan lends itself to a variety of possibilities, including a residential senior living concept (subject to licensing, zoning, and governmental approvals), corporate housing, a boutique hospitality venture, or other residential investment opportunities.
Conveniently located in Graham, the property also offers easy access to some of North Texas' premier outdoor destinations, including Possum Kingdom Lake (approximately 30 minutes to both the east and west sides), Graham Lake, and Hubbard Creek Lake in nearby Breckenridge, making it an attractive option for those exploring boutique lodging or vacation rental possibilities where permitted.
Whether you're looking to establish a residential care business, create a unique hospitality experience, or invest in a versatile commercial property, 1331 Cherry St. offers an exceptional foundation with tremendous upside.
Location
State TX
County Young
Zoning Real Commercial
Direction GPS Friendly
Interior
Heating Central, Electric
Cooling Ceiling Fan(s), Central Air
Flooring Luxury Vinyl Plank, Tile
Heat Source Central, Electric
Exterior
Utilities Available City Sewer, City Water, Electricity Available, Electricity Connected
Roof Type Composition,Shingle
Accessibility Accessible Approach with Ramp, Accessible Bath - Full, Accessible Grip, Accessible Hallway(s), Accessible Kitchen
Garage No
Building
Lot Description Corner Lot
Foundation Slab
Structure Type Brick,Concrete
Others
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21337696
Nearby Locations
GET MORE INFORMATION