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114 118 Commerce St, Magnolia
$349,900
15080134 MLS ⋅ ACTIVE Status
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.)

114 118 Commerce St, Magnolia

122 Commerce St, Magnolia
$250,000
44737282 MLS ⋅ ACTIVE Status
Rare opportunity in the Heart of Magnolia, backing to The Magnolia Stroll! Located in the newly zoned Magnolia Town Center, this property will be cleared and ready for your new venture. The home currently on the lot will be moved away, leaving electricity in place. This location could be ideal for a Bed & Breakfast Inn, doctor's office, therapist, counselor, hair salon, bookstore, professional space, specialty business, boutique, craft store, antique store, small cafe or other venture to enhance the growing area. The slate will be cleared and ready for your active role in the new Magnolia Town Center. All future improvements to be independently verified with the City of Magnolia. (Please do not attempt entry to the structure on this property. It is not part of the listing. Thank you.)

122 Commerce St, Magnolia