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Bourquin Realty

Bourquin Realty
Mineral Wells, TX 76067
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Listing 10 out of 214
$105,000 For Lease

904 W Hubbard Street
Mineral Wells, TX 76067

3 units |

0.2 acre lot
Commercial Lease: Sale or Lease (Either) - MLS# 13663660
Property Photo


Cash on cash 10% cap rate at current occupancy with one vacant space. Lowest entry price point you'll find anywhere. Two occupied spaces, one vacant-3 bay historic building in West Mineral Wells. Perfect for office or retail. Vacant space currently on the market for rent at $600.00 gross. Building is extremely low maintenance: no green space, roof is less than two years old, and property was gutted to the studs and brought up to code in 2005. No yard, metal roof, and low maintenance tenants. Truly a hands off investment. Priced for quick sale. Current gross rents of $1200 per month, both leases run through 2019. Vacant space is 400 sq ft and has rented for $350 per month in the past.


  • Property Type: Commercial Lease
  • Sub Type: Sale or Lease (Either)
  • Listing Status: Active
  • Listing Price: $105,000
  • County/Area: Palo Pinto County
  • Zip Code: 76067
  • Year Built: 1940
  • Subdivision/Neighborhood: T & P Rr Co Surv Sec #39 A-718
  • Stories: 1
  • Units: 3 units
  • Lot Size: Less Than .5 Acre (Not Zero)
  • Lot SqFt: 8712
  • Zoning: retail
  • Building Area Source: Other Documentation
  • Building Use: Bar/Taverns, Beauty/Barber, Church, Laundromat, Medical, Office, Office/Warehouse, Retail, Storage Warehouse, Wholesale
  • Ceiling Height: 11 To 14 Feet
  • Commercial Features: Computer Ready, Firewalls, Multi-User, Shelving, Telephone
  • Construction Materials Walls: Cement Block
  • Flooring: Ceramic Tile
  • Foundation Details: Slab
  • Gross Annual Expenses: 4200
  • Gross Annual Income: 14400
  • Heating: Central Air-Elec, Central Heat-Elec
  • Inclusions: Building Only
  • Lot Size Area SQFT: 8712.00
  • Lot Size Source: Appraiser
  • Lot Size Units: Acres
  • Net Annual Income: 10200
  • Owner Pays: Accounting/Legal, Common Area, Insurance, Lawn Care, Management, Taxes, Water/Sewer/Trash
  • Parking Features: Common Lot
  • Road Frontage: Concrete Ft.
  • Roofing: Overlay
  • SQFT Building: 2185
  • SQFT Gross: 2485
  • SQFT Leasable: 2485
  • Tenant Pays: Alarm Monitor Fee, Electric, Gas, Other, Renters Insurance, Sewer, Water
  • Total Annual Expenses Include: Insurance, Maintenance, Taxes
  • Utilities: City Sewer, City Water
  • Year Built Details: Preowned
Courtesy of League Real Estate
© 2017 . All rights reserved. The data relating to real estate for sale on this web site is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2017-08-23.

Bourquin Realty | 940-329-5070 | Contact Us
103 South Oak Ave. Suite 108 - Mineral Wells, TX 76067

Bourquin Realty - Cool,TX |
10310 Mineral Wells Hwy - Cool, TX 76088

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