114 118 Commerce St, Magnolia, TX 77355

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List Price
$349,900
Status
ACTIVE
MLS#
15080134
Days on Market
0
Lot Size
28,560
Lot Size Source
Survey
Subdivision
Magnolia Melton
Region
15
Market Area
Magnolia/1488 West
County
Montgomery

Property Description

Prime opportunity in the heart of "Old Magnolia" to own 8 city lots backing to the end of the Stroll. This property offers approximately 28,560 sf, measuring 240' X 119'. The adjacent property at 122 Commerce is also available (ML# 44737282) offering an additional 2 city lots. Both listings together offer half a city block of prime opportunity for your next venture. Both tracts would total approx 35,880 SF or 0.82 of an acre. The properties are zoned for the Town Center, featuring retail or restaurant businesses. (Exceptions would be up to the purchaser to verify with the City of Magnolia.) Don't miss this chance to continue the legacy of Old Magnolia and enhance these properties ready for new life. This is a highly traveled area near multiple Magnolia School campuses and an apartment complex. (Please do not attempt to enter structures on this property. Structures are a tear down at buyer's expense.)

Additional Information

Taxes
$3,848
Neighborhood
Magnolia/1488 West
Utilities
Cable Available, Electricity Available, Natural Gas Available, Phone Available
Lot Description
Cleared, Corner Lot, Open Lot
School District
Magnolia
Elementary School
Magnolia Elementary School (Magnolia)
Middle School
Magnolia Junior High School
High School
Magnolia West High School

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Carswell Real Estate Co. Inc..