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$831,500

Est. payment - /mo

4,320 SqFt

Active

705-715 N Crossroads Leonard, TX 75452

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Patricia Ann Young

patricia@followmyheelshome.com +1(972) 795-4260

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Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 4,320 sqft

Subdivision Homer Evans Add

MLS Listing ID 21032473

Total Fin. Sqft 4320

Year Built 1990

Annual Tax Amount $8,197

Lot Size 0.680 Acres

Acres 0.68

Property Sub-Type Business

Property Description

Prime 4,300 SF Commercial Strip Center in Growing Leonard, TX
Excellent investment opportunity in the heart of Leonard, Texas! This well-maintained 4,300 square foot commercial strip center features four separate business units, each with its own entrance, utilities, and signage potential. Situated on a high-visibility corner with steady traffic, this property offers strong income potential and long-term value.
Whether you're looking to expand your portfolio or establish your own business while leasing the other spaces, this versatile property is perfect for retail, office, service providers, or mixed commercial use. Ample parking, solid construction, and a strategic location make this a turnkey opportunity in a fast-growing area of Fannin County. Ask about an additional retail property that is available to go with this one. Sellers own the long time operating laundromat and equipment, which is included in the sale. They also already have new equipment with a plan to enlarge the laundromat into the adjoining space to accommodate a substantially growing number of customers. They also use the adjoining space for their air conditioning business, which a new owner could lease for additional income.
Don't miss your chance to own a fully occupied (or easily leasable) commercial asset in one of North Texas's up-and-coming communities.

Location

State TX

County Fannin

Zoning Commercial

Direction From north or south take Highway 69 to Leonard. The strip center is located at the intersection of Hwy 69 and Highway 78 (Mulberry St.). It is across the street from the high school football field, and next door to Lea's Restaurant.

Interior

Heating Central, Electric, Natural Gas

Cooling Ceiling Fan(s), Central Air, Electric, Heat Pump

Flooring Concrete

Heat Source Central, Electric, Natural Gas

Exterior

Utilities Available All Weather Road, City Sewer, City Water, Electricity Connected, Gravel/Rock, Individual Gas Meter, Individual Water Meter, Master Gas Meter, Natural Gas Available, Overhead Utilities, Phone Available, Sewer Available, Sewer Tap Fee Paid, Water Tap Fee Paid

Roof Type Metal

Accessibility Accessible Doors, Accessible Entrance

Garage No

Building

Lot Description Acreage, Level, Sloped

Foundation Slab

Structure Type Metal Siding,Wood

Others

Ownership See Tax Information

Acceptable Financing 1031 Exchange, Cash, Conventional, Not Assumable

Listing Terms 1031 Exchange, Cash, Conventional, Not Assumable

Special Listing Condition Aerial Photo

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21032473

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Buster Sudderth • Sudderth Real Estate, Inc.

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Patricia Ann Young

Agent | License ID: 0555284

+1(972) 795-4260

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705-715 N Crossroads Leonard, TX 75452

Patricia Ann Young

Key Details

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705-715 N Crossroads