331 Old Mill Road

Rhome, TX 76078
$645,000

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.

  • Property Details
      • Stories:2
      • Lot description:Few Trees, Level, Varied
      • Acres:0.2430
      • Property type:Purchase
      • Year built:9999
      • Foundation:Slab
      • Utility features:City Sewer, City Water, Overhead Utilities
      • Subdivision:Original Town Rhome
      • County:Wise
      • MLS #:20507809
      • Cost:645000
      • Property subtype:Business
      • MLS #:20507809

Location

Brenda MancilBrenda Mancil REALTOR®
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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