Remarks

.93 acres, no floodplain. Approximately 252 feet on Hwy 290! Zoned C3 Highway Commercial. We believe that a buyer is likely to tear the existing building down, but currently the building and land is rented to 6 tenants and also provides office space for the current owner. Rents total $4625 per month. There are 2 water meters and at least 2 electric meters. Property is 2 legal lots on Hwy 290 with a traffic count per TXDOT of 45000 vehicles per day/ The projected growth in Elgin's population is substantial and this a great opportunity to be in the middle of it! All tenants are on a month to month lease. Behind this property is 13.25 acres with limited Hwy 290 frontage and a preliminary multi use site plan and behind that property is a property with a subdivision in process.

Details

MLS#: 4546808
Price: $1,500,000

Style: Office
Bedrooms: 0
Sq Ft: 3200
Year Built: 1970

County: Bastrop
Subdivision: The Frank Martinez Sub
Tax Fee: 16673